TOVIS Co.,Ltd announces an Equity Buyback for 338,983 shares.
March 15, 2020
Share
TOVIS Co.,Ltd (KOSDAQ:A051360) announces a share repurchase program. Under the program, the company will repurchase up to 338,983 shares. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on June 16, 2020. As of March 15, 2020, the company had 1,355,848 shares in treasury within scope available for dividend and had 90,901 shares in treasury through other repurchase.
TOVIS Co.,LTD is a Korea-based Company mainly engaged in the manufacture of thin film transistor-liquid crystal display (TFT-LCD) modules. The Company provides three categories of products: TFT-LCD modules, which are used in cell phones, portable multimedia players (PMPs), digital multimedia broadcasting (DMB) televisions (TVs), digital cameras and others; industrial monitors, which are used in casino gaming monitors, public information displays, medical equipment and others, and touch panels, which are used for mobile phones, personal digital assistants (PDAs), navigations and others. It distributes its products within domestic market and to overseas markets. On February 26, 2013, the Company merged with HOYAHTECH CO. LTD., a Korea-based company mainly engaged in the development, manufacturing and sales of touch panel and tempered glass.
TOVIS CO.,LTD 
