Jvm Co., Ltd announces an Equity Buyback for 123,839 shares.
March 26, 2020 at 03:46 am
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Jvm Co., Ltd (KOSDAQ:A054950) announces a share repurchase program. Under the program, the company will repurchase up to 123,839 shares. The purpose of the program is to improve shareholder value through the purchase of treasury stock uplift. The program will expire on June 26, 2020. As of March 25, 2020, the company had 492,721 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.