SL Corporation announces an Equity Buyback for 800,000 shares.
July 08, 2020 at 03:13 am
SL Corporation (KOSE:A005850) announces a share repurchase program. Under the program, the company will repurchase up to 800,000 shares. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on October 8, 2020. As of July 7, 2020, the company had 102,654 shares in treasury within scope available for dividend and had 1,754,757 shares in treasury through other repurchase.