Device ENG CO.,LTD announces an Equity Buyback for KRW 2,000 million worth of its shares.
June 25, 2018 at 10:27 pm
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Device ENG CO.,LTD (KOSDAQ:A187870) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its own shares pursuant to a contract with Mirae Asset Daewoo Securities Co. Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The plan will be valid up to December 26, 2018. As on June 26, 2018, the company had 3,306 shares in treasury within scope available for dividend and no shares under other capacities.
Device ENG Co Ltd is a Korea-based company principally engaged in the manufacture and sale of pollution control equipment. The company operates its business through two segments. The Pollution Control Equipment segment is engaged in the manufacture and sale of pollution control equipment such as display cleaning equipment for the organic light emitting diode (OLED) deposition process, optical inspection equipment and semiconductor wafer storage container decontamination equipment as well as others. The Material Part and Other segment is engaged in the sale of high precision filters.
DEVICE ENG CO.,LTD. 
