Tranche Update on FOCI Fiber Optic Communications, Inc.'s Equity Buyback Plan announced on November 4, 2016.
January 06, 2017 at 02:59 am
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From November 4, 2016 to January 6, 2017, the company has repurchased 5,000,000 shares, representing 6.45% for TWD 137.4 million. With this, the company has completed the repurchase of 5,000,000 shares, representing 6.45% for TWD 137.4 million under the buyback announced on November 4, 2016.
FOCI Fiber Optic Communications Inc is a Taiwan-based company mainly engaged in the provision of various optical fiber passive components, optical fiber testing instruments and optical fiber application systems. It is also engaged in the planning, design, consulting and technical services for the system integration of the above products. Optical fiber passive components include optical fiber connectors, optical fiber patch cords, optical fiber couplers and optical communication integration modules, which are used in signal transmission lines of optical communication systems or equipment. Silicone packaging services include optical communication component integrated packaging, silicon optical component packaging and others. Optical fiber related modules and integrated systems include active and passive integrated components and modules of optical fiber systems, active optical cables and others. It sells products in Taiwan, mainland China, the Americas and other overseas markets.