| Mobile Web

WebCash to buy additional 3 billion won of treasury shares

WebCash will buy an additional 3 billion won worth of treasury shares to raise shareholder value. The company decided on the additional purchase after dividends and the cancellation of treasury shares, continuing its shareholder return policy. WebCash said it approved a trust contract for the acquisition at a board meeting on Wednesday. It said it believes the current share price does not fully reflect its competitiveness and growth potential.