Genians, Inc. announces an Equity Buyback for 150,000 shares, for KRW 2,110 million.
April 08, 2018
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Genians, Inc. (KOSDAQ:A263860) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares for KRW 2,110 million. The purpose of the program is stability of stock price and for treasury stock distribution upon stock option exercise. The plan will be valid up to July 9, 2018. As of April 8, 2018, the company had 200,000 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.
GENIANS, INC. is a Korea-based company principally engaged in the development of network access control (NAC) solution. The Companyâs products include Genian NAC, Genian GPI and Genian Insights E. The Company also provides solutions includes network security management (NSM), wireless network access control (WNAC), personal computer asset management, personal computer security, virtualization, physical network isolation and personal computer compliance.