Celltrion has decided to buy back shares worth 75 billion won

COMPANY / Reporter Kim Jisun / 2024-03-06 03:02:13
셀트리온 본사 전경. (사진=셀트리온)

 

[Alpha Biz=(Chicago) Reporter Kim Jisun] Celltrion announced on the 5th that it has decided to buy its own shares for the first time this year. The amount of treasury stock purchased is about 75 billion won.

It decided to buy back shares to stabilize stock prices and enhance shareholder value.

The treasury stock to be purchased this time totaled 425,895 shares, which is expected to be acquired about 75 billion won. The acquisition of treasury stocks will be carried out through in-house buying from the 6th.

Celltrion Group bought treasury stocks worth about 1.25 trillion won last year. In addition, since the launch of the integrated Celltrion, it has been making efforts to enhance shareholder value by incinerating a total of 2,309,813 shares and 495.5 billion won worth of treasury shares in January this year.

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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