Tranche Update on Daou Technology Inc.'s Equity Buyback Plan announced on June 22, 2022.
September 29, 2022 at 04:06 am
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From July 1, 2022 to September 22, 2022, the company has repurchased 75,044 shares, representing 0.17% for KRW 1,313.41 million. With this, the company has completed the repurchase of 115,768 shares, representing 0.27% for KRW 2,030.06 million under the buyback announced on June 22, 2022.
Daou Tech Inc. is a company engaged in the securities brokerage and investment business. Along with subsidiaries, the Company operates its business through eight segments. The Retail segment is engaged in securities brokerage, online fund management, overseas stock investment, and foreign exchange (FX) margin trading. The Investment Management segment is engaged in the mezzanine investment, private equity (PE) investment, trading of futures and options. The Wholesale segment is engaged in stock and derivatives trading, bond brokerage, and over the counter derivatives trading. The System Construction segment provides system integration (SI) and marketing communication services. The Investment Banking (IB) business is engaged in the initial public offerings (IPO), issuing of corporate bonds, real estate project financing (PF). The Building Management segment is involved in building management, real estate consulting, development and sale. The Content segment produces movies and webtoons.