[Featured Stock] No Brand Rises 12.31% on Expectations of Treasury Stock Cancellation
Nobrand is showing strong performance.
As of 10:46 AM on the 20th, Nobrand was trading on the KOSDAQ market at 17,430 KRW, up 1,910 KRW (12.31%) from the previous trading day.
Nobrand plans to cancel 250,000 shares of its common stock on the 25th. This accounts for approximately 5.5% of the total issued shares, with the cancellation amount estimated at 3 billion KRW.
Hot Picks Today
"You Might Regret Not Buying Now"... Overseas Retail Investors Stirred by News of Record-Breaking Monster Stocks' IPOs
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- Mistaken for the Flu, Left Untreated... Death Toll Surges as WHO Declares Emergency (Comprehensive)
- Iranian Stock Market Reopens After 80 Days Following War
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
The company will also proceed with new treasury stock purchases. It plans to acquire an additional 247,933 shares through on-market purchases. The estimated acquisition amount is 3 billion KRW, and the scheduled period is until February 13 of next year.
![[Featured Stock] No Brand Rises 12.31% on Expectations of Treasury Stock Cancellation](http://www.asiae.co.kr/news/img_view.htm?img=2024072208164559128_1721603806.jpg)
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
