SK Materials Co., Ltd. announces an Equity Buyback for 530,000 shares.
July 16, 2020 at 05:56 am
SK Materials Co., Ltd. (KOSDAQ:A036490) announces a share repurchase program. Under the program, the company will repurchase up to 530,000 shares. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on October 16, 2020. As of July 15, 2020, the company had 1,060,000 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.