Sempio Signs Contract to Acquire 10 Billion KRW Worth of Treasury Shares

The headquarters of Sempio Foods in Chungmuro, Jung-gu, Seoul. Photo by Mun Ho-nam munonam@

[Asia Economy Reporter Seongpil Cho] Sempio announced on the 27th that it has signed a contract to acquire treasury shares worth 10 billion KRW to stabilize its stock price and enhance shareholder value. The contract period is until September 26 of next year.