JVM Co., Ltd announces an Equity Buyback for 37,313 shares.
July 10, 2018 at 04:07 am
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Jvm Co., Ltd. (KOSDAQ:A054950) announces a share repurchase program. Under the program, the company will repurchase up to 37,313 common shares for KRW 1,500 million. The purpose of repurchase program is to increase shareholder value. The program will be valid up to October 10, 2018. As of July 10, 2018, the company had 283,587 shares in treasury under buyback within dividend capacity and no shares in treasury under other buyback category.
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. 
