[Alpha Biz= Reporter Kim Minyoung] On August 19, LF Corporation announced its intention to buy back 210,765 of its own shares. The buyback is scheduled to take place from August 20 to November 19 of this year.
The total amount allocated for the purchase is 3 billion KRW, based on the closing price of 14,100 KRW per share as of August 16. The actual number of shares and the total amount spent may vary depending on future stock price fluctuations.
A representative from LF explained that this share buyback is part of the company's shareholder return policy aimed at enhancing shareholder value and promoting sustainable management.
Alphabiz Kim Minyoung (kimmy@alphabiz.co.kr)
