Korea Information Certificate Authority disclosed Thursday that it has signed a share buyback trust agreement worth 6.8 billion won ($4.85 million) with Kiwoom Securities to stabilize its share price and enhance shareholder value.
The contract runs through Feb. 22, 2027.
The company said shares acquired under the trust will be retired after the contract expires, in accordance with applicable procedures.
jiyoon436@heraldcorp.com
