6th May 2009 09:00
Share Buyback
On May 6, 2009, the BOD of Daishin Securities authorized a share buyback.
Details:
1. The number of shares to be repurchased : 1,500,000 preferred shares.
- 1,200,000 Class 1 preferred shares
- 300,000 Class 2 preferred shares
2. The expected buyback amount is about KRW 11.28billion.
- Class 1 preferred shares : KRW 9.14 billion.
- Class 2 preferred shares : KRW 2.14 billion
* The actual buyback amount is subject to change, based on the price
at the time of the repurchase.
3. Buyback period : May 11, 2009 to August 10, 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 May 4, 2009:
- Common shares : 5,388,808
- Class 1 preferred shares : 2,200,000
- Class 2 preferred shares : 300,000
Related Shares:
DSS.L