NICE Total Cash Management Co., Ltd announces an Equity Buyback.
November 15, 2017 at 03:18 pm
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NICE Total Cash Management Co., Ltd (KOSDAQ:A063570) announces a share repurchase program. Under the offer, the company will repurchase its own shares at a price of RUB 10,394 per share. The repurchases will be made for cash. The company has fixed December 1, 2017 as the record date for the program. The offer will expire on January 19, 2018.
NICE Total Cash Management Co., Ltd is a Korea-based company mainly engaged in the automation equipment management. The Company mainly operates its businesses through four segments. The Financial and Value Added Network (VAN) Business segment provides services including automatic teller machines (ATMs) management, cash dispenser (CD) VAN, among others. The Cash Transportation Business segment offers services consisting of cash transportation, cash management and others. The Payment Equipment Business segment is engaged in the business of manufacturing and maintaining payment equipment such as point of sales (POS) and credit card payment terminals. The Merchant Network Business segment provides services including credit card VAN, merchant network, golf course enterprise resource planning (ERP).