Plantynet Co., Ltd. announces an Equity Buyback for 306,278 shares.
March 19, 2020 at 07:13 am
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Plantynet Co., Ltd. (KOSDAQ:A075130) announces a share repurchase program. Under the program, the company will repurchase up to 306,278 shares. The purpose of the program is to stabilize share prices and raise shareholder value. The repurchase program will expire on June 19, 2020. As of March 18, 2019, the company had 896,392 shares in treasury within scope available for dividend and had 245,102 shares in treasury under other capacities.
Plantynet Co., Ltd. is a Korea-based company engaged in the provision of Internet value-added services and software. The Company and its subsidiaries are engaged in the provision of Internet value-added services, including Web-filtering service, which displays access blocking message or redirect to new Website to protect users from undesirable websites containing uncontrollable and indecent materials, violence and unsocial materials; expanded service, which is a helper program to provide customers convenience in using the Website blocking service; TimeCare service, which automatically blocks Internet connection in broadband network according to the set up time, and Plantware service, which is an online service. It also provides Internet contents services through JoosMusic, Jamynote and Moazine, including music, magazines, images and other contents, as well as engages in the venture capital business and others.
PLANTYNET CO., LTD. 
