Conglomerates ramp up share buybacks to fuel record-breaking market boom
An electronic trading board at Woori Bank headquarters in central Seoul shows the benchmark KOSPI closing at 5,224.36 points, Friday, up 3.11 points, or 0.06 percent, from the previous session. Yonhap Top conglomerates in Korea are rushing to buy back large quantities of their own shares, a measure that has been gaining ground and has…