SNTEK Co., Ltd. announces an Equity Buyback for KRW 1,000 million worth of its shares.
March 14, 2019 at 10:20 pm
SNTEK Co., Ltd. (KOSDAQ:A160600) announces a share repurchase program. Under the program, the company will repurchase KRW 1,000 million under the contract with KB Securities Co., Ltd. The purpose of the program is to stabilize stock price and raise shareholder value. The program will be valid until September 14, 2019. As of March 14, 2019, the company had 287,770 shares in treasury under the dividend capacity and 238 shares in treasury under other capacities.