[DISCLOSURE]
CJ O’Shopping (035760) announced on May 31 that it has decided to retire 186,320 common shares worth 41.92 billion won (US$38.97 million) "to promote shareholder values."
It is the entire stake it owns and amounts to approximately 3 percent of the company’s listed stocks.
By Hwang You-mee (
glamazon@heraldcorp.com)