Tranche Update on Global Standard Technology Co., Ltd's Equity Buyback Plan announced on March 17, 2020.
June 16, 2020 at 10:21 pm EDT
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From March 17, 2020 to March 31, 2020, the company has repurchased 160,000 shares, representing 1.8% for KRW 1,644.64 million. With this, the company has completed the repurchase of 160,000 shares, representing 1.8% for KRW 1,644.64 million under the buyback announced on March 17, 2020.
Global Standard Technology, Limited is a Korea-based company engaged in the manufacture of gas scrubber mainly used in semiconductor industry. The Company's product portfolio consists of burn wet scrubbers, thermal wet scrubbers, plasma scrubbers and others, which are used in the treatment of environmentally hazardous gases. It also provides chillers used for etching and chemical vapor deposition (CVD) fields, heat exchangers used for etching, CVD and liquid crystal display (LCD) fields, chemical circulators used for photo, light-emitting diode (LED) and other fields, as well as thermostats used for photo, etching, metal organic chemical vapor deposition (MOCVD) and gas bubbler fields. The Company distributes its products within domestic market and to overseas markets.