CNH Co., Ltd. announces an Equity Buyback for 343,642 shares.
July 21, 2020 at 03:10 am EDT
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CNH Co., Ltd. (KOSDAQ:A023460) announces a share repurchase program. Under the program, the company will repurchase up to 343,642 shares of its common stock. The purpose of the program is to stabilize stock price and increase shareholders’ value. The program will be valid until October 21, 2020. As of July 20, 2020, the company had 1,614,977 shares in treasury under the dividend capacity and no shares in treasury under other capacities.
CNH CO., LTD. a Korean-based holding company principally engaged in the financial services and rentals business. The Company operates its business through five segments. The Financial Service and Rental Business segment engages in the loans, installment financing, car lease and rental, and others. The Hotel Business segment operates the hotels and fitness centers. The Franchise Business segment involves in the franchise business. The Trading Business segment engages in the trading business. The Other Business segment involves in the investment and management consulting business.
CNH CO., LTD. 
