THiRA-UTECH CO., LTD. announces an Equity Buyback for 250,000 shares.
March 25, 2020 at 04:00 am
THiRA-UTECH CO., LTD. (KOSDAQ:A322180) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares of its common stock. The purpose of share repurchases is to improve shareholder value by stabilizing stock prices. The program is valid till June 25, 2020. As of March 24, 2020, the company had 108,000 shares in treasury within the scope available for dividend and no shares in treasury through other repurchase.