DigiCAP Co., Ltd. announces an Equity Buyback for KRW 1,000 million worth of its shares.
December 13, 2018
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DigiCAP Co., Ltd. (KOSDAQ:A197140) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million pursuant to a contract with Samsung Securities Co. Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on June 14, 2019. As of December 13, 2018, the company had 155,554 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.
DigiCAP Co., Ltd. is a Korea-based company mainly engaged in the provision of N-screen solutions and content security solutions. In addition, the Company is involved in the provision of broadcast service solutions, ultra high definition television (UHD) broadcast solutions, as well as the production and sale of broadcast service software. The N-screen solutions include video on demand (Vod) solution and mobile Internet protocol television (IPTV) solution. The content security solutions include conditional access systems (CASs), scrambler solution, digital rights management (DRM) and smart car security solution. The Company distributes its products within the domestic market and to overseas markets, including Netherlands.
DIGICAP CO., LTD. 
