BOOKOOK Securities Co., Ltd. announces an Equity Buyback for 2,000,000 shares, for KRW 46,000 million.
June 21, 2017 at 03:14 am
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Bookook Securities Co., Ltd. (KOSE:A001270) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, at a price per share of KRW 23,000 for a total of KRW 46,000 million. The purpose of the share repurchase program is enhancing shareholder's value. The share repurchase program is valid until July 21, 2017. As of June 20, 2017, the company had 3,522,901 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
BOOKOOK SECURITIES CO., LTD. is a Korea-based company engaged in the provision of securities and financial services. The Company operates its business through four segments: entrust dealing segment, which provides securities entrust dealing, dealing brokerage and agency, and others; dealing business segment, which provides securities, derivative linked securities and others for dealing; other segment, and collective investment segment. It also involves in the real estate leasing business.