Tranche Update on TOVIS Co.,Ltd's Equity Buyback Plan announced on April 12, 2018.
June 01, 2018 at 03:09 am EDT
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From April 12, 2018 to May 29, 2018, the company has repurchased 581,395 shares, representing 3.57% for KRW 5,044.57 million. With this, the company has completed the repurchase of 581,395 shares, representing 3.57% for KRW 5,044.57 million under the buyback announced on April 12, 2018.
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.