Rumor on Purchase Plan of Treasury Stock(Jul. 2, 2002)
2002-07-02On July 2, 2002, the Korea Stock Exchange requested Kookmin Bank to confirm the rumor on Kookmin Bank’s purchase plan of treasury stock, which has been rampant in the investment society.
On this request, Kookmin Bank officially announced as follows:
In order to provide a wide range of benefit with the employees, Kookmin Bank is on review to introduce a stock purchase program or an employee stock ownership plan. In case of introducing a stock purchase program, Kookmin Bank may need to purchase its treasury stock for this purpose.
We will disclose more detailed information when it is available.