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Share Buyback

13th Oct 2008 08:13

RNS Number : 6681F
Daishin Securities Co., Ltd.
13 October 2008
 



Share Buyback

On October 13, 2008, the BOD of Daishin Securities authorized a share buyback.

Details:

 

1. The number of shares to be repurchased : 500,000 Class 1 preferred shares.

 

2. The expected buyback amount is about KRW 2.85 billion.

 

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

at the time of the repurchase.

 

3.Buyback period October 17, 2008 to January 16, 2009

 

4. The planned buyback aims

 

1) to stabilize stock price and 

2) enhance the shareholders' value

 

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

 

6. Treasury shareholdings as of October 13, 2008:

- Common shares 5,883,808 

Class 1 preferred shares : 0

- Class 2 preferred shares : 0

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