SK Networks Buys Treasury Stock Worth 100 Billion
This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
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stockmk2020@alphabiz.co.kr | 2023-03-13 20:38:04
[Alpha Biz=(Chicago) Reporter Kim Jisun] SK Networks announced on the 13th that it will retired its own shares and purchase treasury stocks worth 100 billion won.
On the 13th, SK Networks held a board meeting and decided on the agenda.
SK Networks plans to acquire 100 billion won worth of common shares within eight months from March 14. 12,409,382 shares of its own shares will be incinerated within this month.
SK Networks said, "We decided to contribute to stock price stability and shareholder value enhancement."
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