JVM Co., Ltd announces an Equity Buyback for 171,821 shares.
December 10, 2018
Share
JVM Co., Ltd (KOSDAQ:A054950) announces a share repurchase program. Under the program, the company will repurchase up to 171,821 shares pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the program is to improve shareholder value. The program will expire on March 11, 2019. As of December 10, 2018, the company had 320,900 shares in treasury within scope available for dividend and had 0 shares in treasury through other repurchases.
JVM CO., LTD is a Korea-based company engaged in the manufacture of pharmacy automation systems. The Company mainly provides automatic tablet dispensing and packaging systems (ATDPSs), an automatic tablet classification and packing machine, which includes slide type, box type and drum type. In addition, the Company provides total safety solutions, automatic medication vision inspection systems (VIZENs), automatic package cutting and winding systems (WIZERs), automatic medication sorting and control systems (AccuPharm) and others. The Companyâs products are under the brand name of JVM. It distributes its products within domestic market and to overseas markets.
JVM CO., LTD. 
