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Share Buyback

23rd Jun 2008 08:03

RNS Number : 2628X
Daishin Securities Co., Ltd.
23 June 2008
 



Company Daishin Securities Co.,Ltd.

Headline Treasury Stock (Share Buyback)

Released June 23, 2008

Share Buyback

On June 23, 2008, the BOD of Daishin Securities authorized a share buyback.

Details:

 

1. The number of shares to be repurchased 3,000,000 common shares

 

2. The expected buyback amount is about KRW 61.4 billion 

* The actual buyback amount is subject to change, based on the price 

at the time of the repurchase

3. Buyback period: June 27, 2008 to September 26, 2008

4. The planned buyback aims 1) to stabilize stock price, 2) enhance the

shareholders' value and 3) to prepare for the contribution of treasury

stock to the ESOA.

5. Daishin Securities will buy back shares through Daishin Securities. 

6. Treasury shareholdings as of June 23, 2008:

- Common shares 2,883,808 

END

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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