DukSan Neolux Co.,Ltd announces an Equity Buyback for KRW 10,000 million worth of its shares.
March 01, 2022 at 09:25 pm
DukSan Neolux Co.,Ltd (KOSDAQ:A213420) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares, pursuant to a contract with Korea Investment & Securities Co., Ltd. The purpose of the program is to enhance shareholder value through stock price stabilization. The plan will be valid up to September 2, 2022. As on March 1, 2022, the company had no shares in treasury within scope available for dividend and 5,528 shares in treasury under other capacities.