Zinus, Inc announces an Equity Buyback for 169,500 shares.
March 18, 2020 at 02:56 am EDT
Share
Zinus, Inc (KOSE:A013890) announces a share repurchase program. Under the program, the company will repurchase up to 169,500 shares. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on June 18, 2020. As of March 17, 2020, the company had 678,430 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
Zinus Inc is a Korea-based company mainly engaged in the manufacture and sale of bed mattresses. The Company's mattress products include foam mattresses, spring mattresses, toppers. In addition, the Company provides bed frames, smart bases, box springs, platform beds, pillows and other bedroom furniture. Besides, the Company also provides standing desks, standing table desks, pet beds, pet steps and other furniture. The Company sells its products in domestic and overseas markets.
ZINUS, INC 
