Search results for share buyback
Finance
Mirae Asset Securities approves 300 billion won share buyback, largest ever
Mirae Asset Securities has decided to buy back 300 billion won of its own shares. The move is aimed at stabilising the share price, boosting shareholder value and narrowing the price gap between common and preferred shares. The company said the plan is its largest share buyback ever, about three times the previous record of 103 billion won. The repurchased shares will be cancelled after purchase.
AI & Enterprise
Nvidia plans first corporate bond sale since AI boom to raise about $20 billion
Nvidia plans to raise about $20 billion through a corporate bond sale, its first since the artificial intelligence boom gathered pace. It disclosed the financing plan in a filing with the U.S. Securities and Exchange Commission without stating the size, while people familiar with the matter said the target is about $20 billion. Nvidia said proceeds will be used for general corporate purposes, including repayment and refinancing of existing debt.
Games & Commerce
Retail shareholders unite amid weak game stocks, press for meetings and treasury share cancellations
Retail shareholders in South Korea\'s game industry are stepping up collective action as weak share prices persist and calls to boost shareholder value grow. Investors in Pearl Abyss, Devsisters and Wemade have demanded shareholder meetings, buybacks and cancellations of treasury shares, limits on executive pay and disclosure on new game development. Some companies have responded with shareholder return plans, meetings and cost-cutting steps, while broader pressure on the sector is spreading.
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Telecommunications & Media
SKT secures 100 percent stake in SKB, folds unit into wholly owned subsidiary
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Games & Commerce
Mgame to buy back 2 billion won of treasury shares and cancel all
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Telecommunications & Media
KT Q1 operating profit falls 29.9 percent on cost burden, seeks rebound with AX
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Telecommunications & Media
KT first-quarter operating profit 482.7 billion won, down 29.9 percent year on year
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Games & Commerce
NHN shifts game strategy to Japan, targets growth in cloud, payments and defense
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Crypto
Ripple enters top 10 in U.S. private unicorn index, alongside SpaceX and OpenAI
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Crypto
BitMine nears 5% of Ethereum supply as Tom Lee weighs slowing buying pace
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Games & Commerce
Coupang posts operating loss of 354.5 billion won in Q1, first single-digit revenue growth since IPO
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Finance
BNK Financial Q1 net profit rises 26.9% to 211.4 billion won
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Finance
Hana Financial Q1 net profit up 7.3 percent to 1.21 trillion won
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Crypto
Bitmine moves to NYSE main board, expands share buyback cap to $4 billion
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Crypto
Five major risks converge for cryptocurrency market as Middle East tensions, ETF review delays and regulation loom
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Crypto
Ripple\'s \'power move\': $750 million share buyback lifts valuation to $50 billion; focus on XRP
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Finance
Brokerages join \'value-up\' boom with record shareholder returns
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Finance
Prosecutors raid Daishin Securities, reviving brokerage internal controls debate