Sejong Telecom, Inc. announces an Equity Buyback for 4,326,126 shares.
July 05, 2021 at 07:58 am
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Sejong Telecom, Inc. (KOSDAQ:A036630) announces a share repurchase program. Under the program, the company will repurchase up to 4,326,126 shares. The purpose of the program is to enhance shareholder value through stock price stabilization. The program will expire on October 5, 2021. As of July 4, 2021, the company had no shares in treasury.
Sejong Telecom, Inc, formerly Onse telecom Corporation is a Korea-based company specialized in the provision of integrated communication services. The Company operates its business through three divisions: communication division, which provides telecommunication services such as international calling services, domestic calling services, wireless Internet services, Internet data center (IDC) services, data services and voice over Internet protocol (VoIP) services; system integration (SI) division, which provides SI services for information and communication network works, and product division, which distribute radio products.