Samsung Card to buy back $227 mln worth of its own shares

Samsung Card

31/08/2016 08:43

SEOUL, Aug 31 (Reuters) - South Korean credit card company 
Samsung Card Co Ltd  029780.KS  said on Wednesday it planned to 
buy back 253.6 billion won  ($227 million) worth of its own 
shares, to boost shareholder value.  
    In a regulatory filing, the company said it planned to buy 
back 5.79 million of its own shares between September 1 and 
November 30.  
($1=1,115.1100 won) 
 
 (Reporting by Se Young Lee; Editing by Clarence Fernandez) 
 ((vincentsy.lee@thomsonreuters.com; +822 3704 5646; Reuters 
Messaging: vincentsy.lee.thomsonreuters.com@reuters.net; follow 
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Keywords: SAMSUNG CARD BUYBACK/