Dongkuk Steel to Buy 2 Million Treasury Shares to Enhance Shareholder Value
[Asia Economy Reporter Hwang Yoon-joo] Dongkuk Steel has decided to repurchase its own shares to enhance shareholder value.
On the 11th, Dongkuk Steel held a board meeting and resolved to repurchase 2 million shares on the market. The repurchase period is from March 12 to June 12.
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The repurchase scale is approximately 8 billion KRW based on the previous day's closing price of 4,000 KRW per share. This share repurchase was decided to stabilize the stock price and enhance shareholder value.
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