APS Holdings Corporation announces an Equity Buyback for KRW 3,000 million worth of its shares.
January 17, 2018 at 02:59 am EST
Advanced Process Systems Corporation (KOSE:A054620) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of own stock pursuant to a trust agreement with Daishin Securities Co., Ltd. The purpose of repurchase is to enhance shareholder value. The repurchase program will be valid till January 16, 2019. As of January 17, 2018, the company had 1,048,614 shares in treasury under buyback within dividend capacity and 133,264 shares in treasury under other buyback category.