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
"I Ate at Home to Save Money, But My Account Balance Was Still a Shock"
- Suddenly Called Out During Class, Awarded $100,000 as Students Cheer in the Gym
- "Hacker’s Identical IP Detected Across Financial Institutions... Large-Scale Attacks Using AI"
- "After a Dream About Feces, Bought a Lottery Ticket and Won 20,000 Won... Scratched Again and Hit a 2 Billion Won Jackpot"
- "Uncle Will Buy Them All for Wonie"... Men in Their 30s Sweep Up 600,000 'RESCENE Bread'
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. All rights reserved. Unauthorized AI training and use prohibited.
