MobileLeader Co.,Ltd. announces an Equity Buyback for KRW 500 million worth of its shares.
October 11, 2018 at 08:58 am
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MobileLeader Co.,Ltd. (KOSDAQ:A100030) announces a share repurchase program. Under the program, the company will repurchase KRW 500 million under the contract with Hanwha Investment&Securities Co., Ltd. The purpose of the program is to stabilize share price. The program will be valid until April 11, 2019. As of October 10, 2018, the company had 485,722 shares in treasury under the dividend capacity and no shares in treasury under other capacities.
InziSoft Co Ltd, formerly Mobileleader Co Ltd, is a Korea-based company engaged in the development of software for mobile solutions. The Company provides synchronization solutions used for synchronizing personal data such as phone numbers, schedules and memos, as well as multimedia data such as photos, music and videos between mobile devices and personal computers (PCs). The Company also provides multimedia solutions, such as Multimedia Manager, Multimedia Player, Music Manager, Movie Maker and others.