Woongjin Thinkbig Co., Ltd. announces an Equity Buyback for 600,000 shares.
August 04, 2017 at 08:12 am
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Woongjin Thinkbig Co., Ltd. (KOSE:A095720) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 common stock, for a total consideration of KRW 4,332 million, based on the closing price on August 3, 2017. The purpose of the program is to stabilize share price and raise shareholder value. The program will expire on November 6, 2017. As of August 4, 2017, the company had 998,890 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.
WOONGJIN THINKBIG CO., LTD. is a Korea-based company mainly engaged in the publishing business. The Company mainly operates its business through three main business divisions: education culture business division, which provides home-school materials, including Korean language learning books, math books, Chinese characters learning books and society and science books mainly for elementary school students; future education business division, which provides learning encyclopedias, experiential knowledge picture books, science complete collections, language complete collections, music animations and others, and others business division, which engages in the after school education business, English private educational institute business, and production and development of publications.
WOONGJIN THINKBIG CO., LTD. 
