KH Vatec disclosed June 24 that it will acquire 231,660 of its own shares on the open market.
The buyback is valued at 2.4 billion won ($1,560,000), with the acquisition period running from June 25 through Sept. 24.
The company said the move aims to enhance shareholder value through the acquisition and cancellation of treasury shares.
jiyoon436@heraldcorp.com
