Tranche Update on Very Good Leisure Co., Ltd.'s Equity Buyback Plan announced on November 29, 2016.
December 29, 2016
Share
From November 29, 2016 to December 22, 2016, the company has repurchased 100,000 shares, representing 0.72% for KRW 847.38 million. With this, the company has completed the repurchase of 100,000 shares, representing 0.72% for KRW 847.38 million under the buyback announced on November 29, 2016.
Very Good Tour Co.,Ltd., formerly Very Good Leisure Co., Ltd. is a Korea-based company principally engaged in the wholesale of bicycles and related components. The Company operates in two business segments: bicycle segment and travel segment. Its bicycle segment engages in the distribution of specialty and high-graded bicycles under the brand names of CELLO, BLACKCAT and others, related components under the brand names of MOOTS and BBB, as well as leasing of bicycles. Its travel segment provides a range of travel products including honeymoon travels, freedom travels, backpacking travels, golf course travels, overseas travels and others, as well as airline ticket sale, hotel booking and other travel related services.