Didim Inc. announces an Equity Buyback for KRW 2,000 million worth of its shares.
July 29, 2019 at 01:13 am
Didim Inc. (KOSDAQ:A217620) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of shares pursuant to a trust contract with Samsung Securities Co. Ltd. The purpose of the share repurchase program is to improve shareholder value and stock price stabilization. The share repurchase program is valid until January 28, 2020. As on July 28, 2019, the company had 932,280 shares in treasury within scope available for dividend and had 2,930 shares in treasury through other repurchase.