WINS Co., Ltd announces an Equity Buyback for KRW 2,000 million worth of its shares.
March 18, 2024 at 12:10 am EDT
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WINS Co., Ltd (KOSDAQ:A136540) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its own shares, pursuant to the trust contract with Korea Investment & Securities Co.,Ltd. The purpose of the share repurchase program is to stabilize the share price and increase shareholder value. The share repurchase program will continue until March 18, 2025.
As of March 17, 2024, the company had 1,472,860 shares in treasury within scope available for dividend and had 1,397 shares in treasury through other repurchase.
Wins Co., Ltd., formerly WINSTECHNET. Co., Ltd, is a Korea-based company principally engaged in the network security business. The Companyâs products portfolio consists of intrusion prevention systems (IPSs), intrusion detect systems (IDSs), unified threat management (UTM) systems, Web application firewalls (WAFs), voice over Internet protocol (VoIP) security systems, anti-distributed denial of service (DDoS) systems, threat management systems (TMSs), fire walls (FWs) and others used to avoid illegal intrusion and provide integrated security management solutions. It also provides security operation services, threat forecast and alert services, security maintenance and management services, as well as computer security emergency response services.
WINS CO., LTD 
