Kona I Decides to Buy Back Treasury Shares Worth 5 Billion Won
Kona I announced on June 5 that it has decided to purchase 100,000 shares of its common stock on the open market to stabilize its share price and enhance shareholder value.
The planned acquisition amount is 5,010,000,000 won. The expected acquisition period is from June 8 to September 7, 2026.
Hot Picks Today
"Let's Double with Samsung and SK hynix": Retail Investors Dump Semiconductor ETFs for Samsung and SK hynix Leverage Products
- Nvidia Loses $2 Trillion in Market Cap in a Day... Semiconductor Stocks Plunge on New York Stock Exchange
- "Don't Believe in Ebola Spread... Working to Survive" - Life in a Congolese Gold Mining Town
- Paid 180,000 Won for Wedding Gift but Got Cold Burgers Instead of a Buffet: "Is This a Business, Not a Wedding?"
- "Record-Breaking Heat Expected, but Air Conditioners Ordered Now Will Arrive in Autumn" Surge in Demand in Japan Due to Government Environmental Policy
Kona I stated that through this share buyback, it aims to reduce the number of shares in circulation and respond to stock price volatility in the market.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
![[Exclusive] CCRS Debt Adjustment to Be Required Before Rehabilitation or Bankruptcy... Legislation Pursued for 'Debt Adjustment Prerequisite Principle'](https://cwcontent.asiae.co.kr/asiaresize/307/2022102710072884384_1666832847.jpg)