Goodcen Co., Ltd. announces an Equity Buyback for 416,666 shares, for KRW 8,999.99 million.
June 11, 2018 at 05:25 am
Share
Goodcen Co., Ltd. (XKON:A243870) announces a share repurchase program. Under the program, the company will repurchase up to 416,666 shares at for KRW 8,999.99 million. The purpose of the plan is to enhance shareholder value. The plan will be valid up to September 7, 2018. As on June 11, 2018, the company had 77,280 shares in its treasury from buyback for purposes other than dividend.
Goodcen Co., Ltd. is a Korea-based company mainly engaged in the provision of maintenance services of public cloud storages. The Company is involved in the provision of public cloud storage services and maintenance services of public cloud storages. In addition, the Company provides construction enterprise resource planning (ERP) systems, as well as unified communications and collaboration solutions (UC&Cs). The construction ERP includes solutions under the name of e-Novator, as well as safety management systems. The e-Novator provides the solutions related to mails, payment, as well as collaboration and information sharing for employee communication. The UC&Cs include enterprise knowledge portals (EKPs), as well as collaborative portal servers (CPSs).