Tranche Update on Dong A Eltek Co., Ltd.'s Equity Buyback Plan announced on March 19, 2020.
September 21, 2020 at 12:49 am
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From April 1, 2020 to June 30, 2020, the company has repurchased 208,123 shares, representing 2.07% for KRW 1,393.06 million. With this, the company has completed the repurchase of 506,868 shares, representing 4.87% for KRW 2,993.5 million under the buyback announced on March 19, 2020.
DONG A ELTEK Co., Ltd is a Korea-based company engaged in the provision of display test equipment and organic light emitting diode (OLED) equipment together with its subsidiary. The Companyâs display test equipment consists of aging systems, such as in line aging systems, room type thin film transistor liquid crystal display (TFT LCD) aging systems, central nervous system (CNS) aging systems and lamp lifetime test equipment; test equipment, such as pattern generators, portable test equipment, TFT LCD printed circuit board (PCB) bonding test equipment and limit sample display systems; OLED panel aging systems, as well as communication application parts and others. It also produces OLED vacuum metalizing equipment.