Digital Imaging Technology Co., Ltd. announces an Equity Buyback for KRW 3,000 million worth of its shares.
October 16, 2018 at 12:56 am EDT
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Digital Imaging Technology Co., Ltd. (KOSDAQ:A110990) announces a share repurchase program. Under the program, the company will repurchase KRW 3,000 million under the contract with Samsung Securities Co., Ltd. The purpose of the program is to stabilize share prices and to raise shareholder value. The program will be valid until April 15, 2019. As of October 15, 2018, the company had no shares in treasury under the dividend capacity and no shares in treasury under other capacities.
Digital Imaging Technology, INC. is a Korea-based company mainly engaged in the production and sale of flat panel display inspection equipments. The flat panel display inspection equipments include organic light emitting diodes (OLEDs), liquid crystal displays (LCDs) and touch screen panels (TSPs), among others. The Company manufactures and sells laser cutting, grinder equipments, ultraviolet (UV) exposure and curing equipment and film inspection equipments. In addition, the Company is involved in the production and sale of other products, including panel level packaging (PLP) inspection equipments, car inspection equipment, 3 dimension (3D) inspection and measurement equipments, among others. The Company distributes its products within the domestic market and to overseas markets.
DIT CORP. 
