Kook Soon Dang.Co.,Ltd. announces an Equity Buyback for 500,000 shares.
March 20, 2019 at 12:03 am
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Kook Soon Dang.Co.,Ltd. (KOSDAQ:A043650) announces a share repurchase program. Under the program, the company will repurchase up to 500,000. The purpose of the program is to raise shareholder value by stabilizing share price. The program will be valid until June 20, 2019. As of March 19, 2019, the company had 227,838 shares in treasury under the dividend capacity and no shares in treasury under other capacities.
KOOK SOON DANG.CO.,LTD. is a Korea-based company engaged in the production and marketing of Korean wines. The Company's products include BEKSEJU, which is brewed with glutinous rice, enzyme and 12 categories of herbs; 50SEJU, which is the mixture of BEKSEJU and Korean Vodka; YEDAM CHARYEJU, which is brewed with rice, corn starch and others used mainly for ancestor worship ceremonies; MYUNGJAK, including SANGHWANG, BOKBUNJA, OMIJA and OGAJA, which are made from natural mushroom, raspberry, schisandra fruit and siberian ginseng's fruit, respectively; RICE MAKKOLI, which is a Korean traditional alcoholic beverage, as well as GINSENG LIQUOR and GINSENG WINE. The Company distributes its products within domestic market and to overseas markets, including America, China, Japan and other countries.
KOOK SOON DANG.CO.,LTD. 
