DGB Financial, Executive Stock Buyback and US IR Conducted
DGB Financial Group announced on the 3rd that it will hold an investor relations (IR) event in major U.S. cities for five days from the 10th to the 14th. This IR event comes about three months after Chairman Hwang Byung-woo's official inauguration.
Chairman Hwang plans to introduce Daegu Bank's strategy as it transitions into a commercial bank, as well as the group's growth strategy, to major shareholders and potential investors.
Prior to this IR event, Chairman Hwang, along with the management of DGB Financial Group, Daegu Bank, and all affiliated companies, purchased a total of 160,000 shares of the company's stock on the market.
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A DGB Financial Group official stated, "This is the first share repurchase since the CEO's official inauguration, signaling a fresh start as a commercial financial group and strongly expressing our commitment to boosting the stock price and enhancing corporate value. Given the high volatility in the financial market, we will strive to enhance shareholder value through stock price support and shareholder-friendly policies amid undervaluation."
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