[E-Daily Reporter Kim Kyung-eun ] Sangsangin Co., Ltd.(038540)is set to acquire 1 billion won worth of its own shares to stabilize its stock price and enhance shareholder value.
Sangsangin Co., Ltd. announced that it held a board of directors meeting on the 2nd and decided to directly acquire 534,188 common shares on the open market. The planned acquisition amount is 1 billion won.
The share buyback will take place on the KOSDAQ market from the 6th of this month through January 2 of next year. NH INVESTMENT & SECURITIES is serving as the brokerage firm for the transaction.
Sangsangin Co., Ltd. announced that it held a board of directors meeting on the 2nd and decided to directly acquire 534,188 common shares on the open market. The planned acquisition amount is 1 billion won.
The share buyback will take place on the KOSDAQ market from the 6th of this month through January 2 of next year. NH INVESTMENT & SECURITIES is serving as the brokerage firm for the transaction.
