CTK Cosmetics Co., Ltd announces an Equity Buyback for KRW 10,000 million worth of its shares.
September 05, 2018 at 05:43 am
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CTK Cosmetics Co., Ltd (KOSDAQ:A260930) announces a share repurchase program. Under the program, the company will repurchase shares for KRW 10,000 million under the contract with Mirae Asset Daewoo Co., Ltd. The purpose of the program is to stabilize stock price and improve shareholder value. The program will be valid until September 5, 2019. As of September 4, 2018, the company had 24,220 shares in treasury under the dividend capacity and 0 shares in treasury under other capacities.
CTK Co Ltd, formerly CTK Cosmetics Co Ltd, is a Korea-based company principally engaged in the manufacturing and distribution of finished cosmetics. The Companyâs products include color cosmetics and basic cosmetics. Color cosmetics include ball lotion, face powder, face cake, liquid cream, cake foundation and so on. Basic cosmetics include packs, masks, lotions, creams, massage creams and essences and so on. The Company distributes its products within domestic market and to overseas markets.
CTK CO., LTD 
