SEOUL, March 19 (Reuters) - Kia Motors Corp , South Korea's second-biggest auto maker, said on Friday it would spend about 143.1 billion won ($123.8 million) buying back and cancelling 12.5 million of its own shares. The company said in a public notice to the Korea Stock Exchange the share buy back would occur between March 23 and June 22. The 12.5 million shares are equivalent to 3.5 percent of its total outstanding shares.
Premium Content (PAID Subscription Required)
"S.Korea's Kia to buy back and cancel 12.5 mln shares" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642