[Alpha Biz=(Chicago) Reporter Kim Jisun] Celltrion and Celltrion Healthcare announced on the 9th that they have completed the purchase of treasury stocks worth 500 billion won.

Celltrion Group decided to acquire a total of 2,426,161 shares of Celltrion (acquisition amount of 365.1 billion won) and a total of 2.44 million shares of Celltrion Healthcare (acquisition amount of 164.4 billion won) on October 23. Since then, it has acquired treasury stocks worth a total of 529.5 billion won in 11 business days.

This year, the two companies completed the purchase of 4,428,402 shares of Celltrion (about 669.4 billion won) and 4,345,000 shares of Celltrion Healthcare (about 282.7 billion won). Altogether, it purchased treasury stocks worth about 952.1 billion won. These companies plan to keep an eye on market conditions and continue to make additional efforts to increase shareholder value.

Celltrion Holdings, the holding company of Celltrion Group, also acquired Celltrion shares several times through in-house purchases to increase shareholder value. We are also planning to review additional acquisition in the future.

 

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