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August 26, 2019

Amorepacific, Amorepacific Group to acquire W150b treasury stocks

PUBLISHED : February 20, 2019 - 14:15

UPDATED : February 20, 2019 - 14:15

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[DISCLOSURE] Amorepacific (090430) announced on Feb. 20 that it has decided to repurchase 537,635 shares of its own at 100 billion won (US$89.12 million) to promote shareholder values by stabilizing stock price. 

Amorepacific Group (002790) also announced that it will acquire its 754,148 shares at 50 billion won in a separate statement. 

The due date for acquisition is from Feb. 21 to May 20.

By Hwang You-mee (glamazon@heraldcorp.com)

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