WINS Co., Ltd announces an Equity Buyback for KRW 2,000 million worth of its shares.
June 27, 2022 at 03:15 am EDT
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WINS Co., Ltd (KOSDAQ:A136540) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its shares, pursuant to a trust contract with Korea Investment & Securities Co., Ltd. The purpose of the program is to stabilize stock price and to enhance the value of the shareholders. The program will expire on June 26, 2023.
As of June 26, 2022, the company had 1,320,063 shares in treasury within the scope of allotment and had 0 shares in treasury under other acquisition.
Wins Co., Ltd., formerly WINSTECHNET. Co., Ltd, is a Korea-based company principally engaged in the network security business. The Companyâs products portfolio consists of intrusion prevention systems (IPSs), intrusion detect systems (IDSs), unified threat management (UTM) systems, Web application firewalls (WAFs), voice over Internet protocol (VoIP) security systems, anti-distributed denial of service (DDoS) systems, threat management systems (TMSs), fire walls (FWs) and others used to avoid illegal intrusion and provide integrated security management solutions. It also provides security operation services, threat forecast and alert services, security maintenance and management services, as well as computer security emergency response services.
WINS CO., LTD 
