SEOUL, March 30 (Korea Bizwire) — SK Innovation Co. said Thursday it is considering buying back its own stocks around the time when its battery-making subsidiary SK On Co. will go public in a bid to boost shareholders’ returns. SK Innovation is looking at the buyback of its treasury stocks worth about 10 percent of [...]
SEOUL, Oct. 7 (Korea Bizwire) — KakaoBank Corp., a major South Korean Internet-only bank, will review a set of shareholder return policies, including buybacks, its chief executive said Friday, as its share prices have been on a steep decline. Shares in KakaoBank dropped by 9.38 percent to end at 18,350 won (US$13) Friday, hitting the [...]
Amsterdam, the Netherlands, March 23 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA) today provides an update on its EUR 1.5 billion share buyback program for capital reduction purposes, that was announced on January 29, 2019. As of today, 50.3% of the program has been completed through repurchases by an intermediary to allow for purchases in the open [...]