Tranche Update on AfreecaTV Co., Ltd.'s Equity Buyback Plan announced on June 10, 2022.
December 12, 2022 at 06:38 am
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From July 1, 2022 to September 30, 2022, the company has repurchased 92,983 shares, representing 0.85% for KRW 7,236.47 million. With this, the company has completed the repurchase of 123,168 shares, representing 1.12% for KRW 9,975.89 million under the buyback announced on June 10, 2022.
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.