CJ O Shopping Co., Ltd announces an Equity Buyback.
January 17, 2018 at 08:18 pm
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CJ O Shopping Co., Ltd (KOSDAQ:A035760) announces a share repurchase program. Under the offer, the company will repurchase its own shares. The shares will be repurchased at a repurchase price of KRW 227,398 per share. The repurchases are payable in cash. The record date for the offer is May 23, 2018. The offer will expire on July 19, 2018.
CJ ENM Co Ltd, formerly CJ O Shopping Co Ltd, is a Korea-based company engaged in home shopping and catalogue sales business. The company operates its business through four segments. The Media Business segment provides broadcasting services through broadcasting channels such as TVN, OCN, and channel (CH) CGV, and sells broadcasting contents. The Commerce Business segment sells men's and women's underwear and apparel, accessories, bedding, electronics, cosmetics, sporting goods, furniture, household goods, kitchenware, food, and mobile phones through cable television home shopping networks, mail order, and the Internet. The Film and Performance Business segment is engaged in the production, distribution, and investment of movies, and operates the performance business. The Music Business segment is engaged in music production and distribution business.