Hmm Co.,ltdKRX: 011200

Shares in South Korean shipper HMM jump after $1.5 bln share buyback plan

· Issued by Hmm Co.,ltd

Shares in South Korean shipper HMM KRX:011200 rose more than 7% in morning trade on Monday after it announced an up to 2.1 trillion won ($1.5 billion) share buyback plan through a regulatory filing.