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U&I signs trust contract to repurchase stocks worth W2b

By 박윤아

Published : Oct. 20, 2016 - 11:26

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[DISCLOSURE] U&I (056090), an orthopedic device manufacturer, announced on Oct. 20 that it has decided to sign a trust contract with Hyundai Securities (003450) to repurchase its stocks worth 2 billion won (US$1.78 million).

The company made the decision as “its stock price have fallen excessively,” the company said. The contract lasts from Oct. 21 to April 20, 2017.

By Park Yuna (yunapark@heraldcorp.com)

U&I signs trust contract to repurchase stocks worth W2b

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