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Photo = Doosan Robotics |
[Alpha Biz= Kim Jisun] Doosan Corporation has announced that it will retire shares worth 359.3 billion KRW through a share buyback plan, according to a public disclosure made on February 25.
Doosan Corporation, which holds a 6% stake, will retire 990,000 shares over the next three years, burning 330,000 shares each year.
At the closing price of 363,000 KRW per share on that day, the total amount reaches approximately 359.3 billion KRW.
A company official from Doosan commented, “We plan to explore the optimal method for shareholder returns and will focus on enhancing long-term shareholder value through active communication with our shareholders.”
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
