Tranche Update on GABIA, Inc.'s Equity Buyback Plan announced on April 14, 2022.
October 12, 2022 at 11:00 pm
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From July 1, 2022 to September 30, 2022, the company has repurchased 0 shares, representing 0% for KRW 0 million. With this, the company has completed the repurchase of 154,549 shares, representing 1.17% for KRW 1,998.97 million under the buyback announced on April 14, 2022.
GABIA, Inc. is a Korea-based company specialized in the provision of Internet infrastructure services. The Company, along with its subsidiaries, operates in two business segments: Internet infrastructure segment as well as wholesale and agent segment. Its Internet infrastructure segment is involved in the provision of a range of Web related services, including domain service, which provides global domain name registration services; hosting service, which leases servers for homepage operations; Web agency service, which designs and builds Internet Websites, Internet data center (IDC) services, Internet service provider (ISP), as well as Web mail solution service, among others. Its whole and agent segment is involved in the collection and sale of recycled materials.