[Special Stock] APR Rises Over 10% on News of Treasury Stock Buyback
APR is soaring on news of the management's share buyback.
As of 1:09 PM on the 9th, APR is trading at 322,000 KRW, up 10.27% (30,000 KRW) from the previous trading day.
On the same day, APR disclosed that three executives, including CEO Kim Byung-hoon, purchased company shares on the open market. The total amount of shares bought by CEO Kim Byung-hoon and the management accounts for approximately 0.16% of the total issued shares.
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Regarding the background of the share buyback, APR stated, "The management's shareholder-friendly policy promotion, declaration of commitment to responsible management, confidence in current performance, and future growth drivers led to this share buyback."
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