Tranche Update on AfreecaTV Co., Ltd.'s Equity Buyback Plan announced on July 31, 2023.
January 31, 2024 at 07:14 am
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From October 1, 2023 to December 31, 2023, the company has repurchased 49,335 shares, representing 0.46% for KRW 3,165.17 million. With this, the company has completed the repurchase of 239,993 shares, representing 2.2% for KRW 18,849.97 million under the buyback announced on July 31, 2023.
Soop Co Ltd, formerly AfreecaTV Co Ltd, is a Korea-based company principally engaged in the provision of one person media platform services. The Company provides functional items such as donation economy gifts such as star balloons and subscriptions, and paid item products such as quick view and gold through the platforms. In addition, the Company uses AfreecaTV's platform and infrastructure to provide advertisements by providing content that fits the marketing concept of advertisers. The Company also operates multi-platforms such as open studios.