10th Dec 2008 07:00
The following amendment has been made to the 'Share Buyback' announcement on December 9, 2008 at 07:00 under RNS No. 7718J.
The 'Buyback period' should have been 'March 12, 2009' instead of 'February 12, 2009'.
All other details remain unchanged.
The full amended text is shown below.
Share Buyback - replacement
On December 9, 2008, the BOD of Daishin Securities authorized a share buyback.
Details:
The number of shares to be repurchased : 2,000,000 preferred shares.
- 1,700,000 Class 1 preferred shares
- 300,000 Class 2 preferred shares
2. The expected buyback amount is about KRW 11 billion.
- Class 1 preferred shares : KRW 9.52 billion.
- Class 2 preferred shares : KRW 1.48 billion
* The actual buyback amount is subject to change, based on the price
at the time of the repurchase.
3. Buyback period : December 15, 2008 to March 12, 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 December 9, 2008:
- Common shares : 5,883,808
- Class 1 preferred shares : 500,000
- Class 2 preferred shares : 0
Related Shares:
DSS.L