EO Technics Co., Ltd. announces an Equity Buyback for 29,814 shares.
December 30, 2016
Share
EO Technics Co., Ltd. (KOSDAQ:A039030) announces a share repurchase program. Under the program, the company will repurchase up to 29,814 shares for a total of KRW 2,370.21 million, which is based on the closing price of the shares on November 30, 2016. The actual buyback amount may change upon changes in the stock price. The repurchases will be made on the Stock Exchange through KOSDAQ. The company will repurchase its shares to stabilize the share price and for employee stock ownership association. The maximum number of shares that the company may repurchase on any day is 17,692 shares. The actual buyback amount may change upon changes in the stock price. The share repurchase program is valid until February 28, 2017. As of November 30, 2016, the company had 2,649 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
EO Technics Co., Ltd. is a Korea-based company mainly engaged in the manufacture and distribution of semiconductor laser markers and laser application equipment. The Companyâs main offerings are laser markers, which are used to record information like date, name and sorts on the surface of wafers, inside of flat panel displays (FPDs) and other materials. It also provides laser cutters, laser drillers, laser trimmers, laser patterning machines and others, which are applied in the printed circuit board (PCB), secure digital (SD) memory cards and others. In addition, it imports and sells optical products, laser source gases and others, as well as PCB laser tall processing services. The Company distributes its products within domestic market and to overseas markets.
EO TECHNICS CO., LTD. 
