[Featured Stock] Celltrion Rises on Additional 100 Billion KRW Share Buyback
Celltrion is showing strength following news of additional share repurchases.
As of 9:04 AM on the 21st, Celltrion is trading at 174,900 KRW, up 3,500 KRW (2.04%) from the previous day.
On this day, Celltrion announced a decision to repurchase additional treasury shares worth approximately 100 billion KRW. The planned acquisition quantity is a total of 583,431 shares, which will be purchased through on-market transactions starting from the 22nd.
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This is Celltrion's fifth treasury share repurchase this year. In March, April, and June, the company decided on repurchases worth about 75 billion KRW each, and in October, about 100 billion KRW. With this additional repurchase, Celltrion will acquire approximately 2,394,031 treasury shares this year, totaling about 430 billion KRW in value.
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