Elentec Co., Ltd. announces an Equity Buyback for 900,000 shares.
March 17, 2020 at 12:53 am EDT
Elentec Co., Ltd. (KOSDAQ:A054210) announces a share repurchase program. Under the program, the company will repurchase up to 900,000 shares. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on June 17, 2020. As of March 16, 2020, the company had no shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.