MT Newswires Live09-09 14:58
Innotena plans to repurchase up to 198,019 shares for a total amount of 1 billion won, according to a Wednesday filing with the Korea Exchange.
The cloud solution provider entered into a trust contract with securities firm Korea Investment & Securities for the acquisition of the shares, which will be in effect until March 8, 2027.
Shares of the company rose more than 5% in recent trade.
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