Adaptive Plasma Technology Corp. announces an Equity Buyback for KRW 5,000 million worth of its shares.
November 28, 2018 at 12:37 am
Adaptive Plasma Technology Corp. (KOSDAQ:A089970) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Daishin Securities Co. Ltd. The purpose of the program is to stabilize stock price and improve shareholder value. The program will expire on May 27, 2019. As of November 27, 2018, the company had no shares in treasury within scope available for dividend and had 296,193 shares in treasury under other capacities.