[Asia Economy Reporter Myunghwan Lee] Hite Jinro Holdings announced on the 27th that it has signed a trust contract for the acquisition of treasury stocks worth a total of 7.5 billion KRW to stabilize the price of its own shares.
Hite Jinro Holdings signed a trust contract for the acquisition of treasury stocks worth 6.5 billion KRW with Hanwha Investment & Securities. The contract period is from October 2, 2024, to October 2, 2042.
It also decided on a trust contract for the acquisition of treasury stocks worth 1 billion KRW with Hana Securities. The contract period is from October 7, 2024, to October 7, 2032.
The company explained that this contract is "an extension of the trust contract for the acquisition of treasury stocks announced on September 7, 2012."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
