Yuhwa Securities co.,ltd. announces an Equity Buyback for 100,000 shares, for KRW 1,350 million.
December 20, 2018
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Yuhwa Securities co.,ltd. (KOSE:A003460) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, for a total consideration of KRW 1,350 million. The purpose of the program is to stabilize stock price and increase shareholder value. The program will expire on March 22, 2019. As of December 20, 2018, the company had 1,989,282 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.
Yuhwa Securities Co.,Ltd. is a Korea-based financial service provider specialized in the securities market. The Company is mainly engaged in the securities brokerage, dealing, and underwriting businesses, covering stocks, futures, options, government bonds, corporate bonds, foreign exchanges and financial derivative products. The Company is also engaged in the provision of investment consulting services and home trading system services, as well as research services, such as investment strategies, corporate analysis, stocks indicator, bonds/historical material analysis services and other related services.