Kukbo Design Co., Ltd. announces an Equity Buyback for 252,100 shares, for KRW 3,000 million.
November 01, 2018 at 05:10 am EDT
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Kukbo Design Co., Ltd. (KOSDAQ:A066620) announces a share repurchase program. Under the program, the company will repurchase up to 252,100 common shares, for a total consideration of KRW 3,000 million. The purpose of repurchase program is to stabilize stock price and improve shareholder value. The program will expire on February 1, 2019. As of November 1, 2018, the company has 196,067 shares within scope available for dividend and has no shares in treasury through other repurchase.
KUKBO DESIGN CO., LTD. is a Korea-based company engaged in the provision of interior design and construction services. The Company provides planning, design, remodeling and construction supervision for residential buildings, commercial buildings, hotels, leisure facilities and others. The Company also provides interior design services in overseas countries, such as America, Vietnam, Dubai, India and Singapore, among others.