Woongjin Thinkbig Co., Ltd. announces an Equity Buyback.
June 23, 2020 at 02:57 am EDT
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Woongjin Thinkbig Co., Ltd. (KOSE:A095720) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares. The purpose of the program is to increase shareholder value and burn profits. The program will expire on December 28, 2020. As of June 22, 2020, the company had 1,401,141 shares in treasury within scope available for dividend and had 7,328 shares in treasury under other acquisitions.
WOONGJIN THINKBIG CO., LTD. is a Korea-based company mainly engaged in the publishing business. The Company mainly operates its business through three main business divisions: education culture business division, which provides home-school materials, including Korean language learning books, math books, Chinese characters learning books and society and science books mainly for elementary school students; future education business division, which provides learning encyclopedias, experiential knowledge picture books, science complete collections, language complete collections, music animations and others, and others business division, which engages in the after school education business, English private educational institute business, and production and development of publications.
WOONGJIN THINKBIG CO., LTD. 
