[Featured Stock] Korea Zinc Share Price Slightly Rises↑... Up 1.6% to 699,000 Won
Korea Zinc's stock price rose slightly amid considerations of share repurchase and the possibility of a counter tender offer.
As of 10:56 AM on the 2nd, Korea Zinc was trading on the KOSPI market at 699,000 KRW, up 11,000 KRW (1.6%) from the previous trading day.
Amid an ongoing dispute over Korea Zinc's management rights, the court on this day dismissed the provisional injunction filed by Youngpoong against Chairman Choi Yoon-beom of Korea Zinc, which sought to prohibit the acquisition of treasury shares.
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Following the court's decision, Korea Zinc can now proceed with both a counter tender offer and share repurchase as means to defend its management rights.
This content was produced with the assistance of AI translation services.
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