Tranche Update on Very Good Tour Co., Ltd.'s Equity Buyback Plan announced on February 11, 2019.
March 11, 2019 at 02:44 am EDT
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From February 11, 2019 to March 6, 2019, the company has repurchased 300,000 shares, representing 2.18% for KRW 2,741.06 million. With this, the company has completed the repurchase of 300,000 shares, representing 2.18% for KRW 2,741.06 million under the buyback announced on February 11, 2019.
Very Good Tour Co.,Ltd., formerly Very Good Leisure Co., Ltd. is a Korea-based company principally engaged in the wholesale of bicycles and related components. The Company operates in two business segments: bicycle segment and travel segment. Its bicycle segment engages in the distribution of specialty and high-graded bicycles under the brand names of CELLO, BLACKCAT and others, related components under the brand names of MOOTS and BBB, as well as leasing of bicycles. Its travel segment provides a range of travel products including honeymoon travels, freedom travels, backpacking travels, golf course travels, overseas travels and others, as well as airline ticket sale, hotel booking and other travel related services.