The Korea Herald

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POSCO Chemtech to repurchase stocks worth W3.09b

By 윤정현

Published : July 20, 2016 - 17:12

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[DISCLOSURE] POSCO Chemtech (003670), a chemical material unit of POSCO, announced on July 20 that it will repurchase treasury stocks worth 3.09 billion won (US$2.70 million), in order to stabilize its stock price and pay stock-based compensation to its employees.