POSCO to Buy Back Own Shares Worth 1 Trillion Won
[Asia Economy Reporter So-yeon Park] POSCO announced on the 10th that it will implement a share buyback worth 1 trillion KRW to enhance shareholder value.
POSCO stated, "We will carry out a share buyback to stabilize the stock price and enhance shareholder value," adding, "The one-year share buyback cash trust contract period is from April 13 to April 12 of next year."
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The contract institutions are Samsung Securities, KB Securities, and NH Investment & Securities.
This content was produced with the assistance of AI translation services.
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