Search results for share buybacks
Finance
Woori Financial nine-month net profit falls 4.93 percent to 2.66 trillion won
Woori Financial Group said nine-month net profit fell 4.93 percent from a year earlier to 2.66 trillion won, reflecting a base effect from one-off gains tied to an insurer acquisition last year. Third-quarter net profit rose 4.4 percent from the previous quarter to 1.05 trillion won, marking a second straight quarter above 1 trillion won. Nine-month net operating revenue rose 6.2 percent to a record 8.68 trillion won.
Finance
Hana Financial\'s 9-month net profit 3.62 trillion won, up 5.6 percent
Hana Financial Group posted a consolidated net profit of 3.62 trillion won for the first nine months, up 5.6 percent from a year earlier, helped by rising fee income in wealth management and investment banking. Third-quarter net profit was 1.22 trillion won. The board approved an additional 250 billion won in share buybacks and cancellation and a third-quarter cash dividend of 1,165 won per share.
Industry
SK hynix halts review of Solidigm IPO amid market volatility
SK hynix has decided to pause plans to list its U.S. subsidiary Solidigm. The company said on Oct. 23 it has stopped reviewing both a pre-IPO stake sale and an initial public offering. It said its view on Solidigm’s growth potential and investment needs has not changed, but market conditions and stock price trends require a reassessment of whether a listing now would be best for SK hynix and existing shareholders.
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Finance
Big four financial holdings\' Q3 earnings in focus amid securities slowdown
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Finance
Korea Value-up index put to test by stock slump, effectiveness of shareholder returns key
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Finance
Brokerage views diverge after KOSPI plunge: near bottom vs cautious on rebound
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Crypto
Strategy sells MSTR to buy more bitcoin, also buys back preferred shares
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Finance
Brokerage stocks extend slide as market stalls; what could drive a rebound
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Finance
U.S. banks near third-quarter earnings as higher rates raise warning sign on deposit costs
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Crypto
Did Strategy buy bitcoin in first week of October? Michael Saylor comment draws attention
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Crypto
Tom Lee formalises cap on BitMine Ethereum holdings at 5 percent of supply
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Crypto
Strategy buys 334 bitcoins, spends six times more on STRC buybacks
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Crypto
Strive buys another 2,000 bitcoin, closing in on second-largest public holder
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Crypto
U.S. crypto industry shifts strategy after Clarity Act fails, targets Senate elections
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Crypto
Strategy CEO aims to be \'JPMorgan of Bitcoin\'
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Crypto
Bitcoin collateral loan market surges to $16 billion, could match Bitcoin market cap
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Finance
Kakao woos shareholders on spinoff, targets 1 trillion won AI revenue and 300 billion won buyback cancellation
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Finance
Oil burden and FOMC ahead raise doubts over KOSPI range breakout