MAKUS, Inc. announces an Equity Buyback for 500,000 shares.
October 17, 2022 at 01:22 am
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MAKUS, Inc. (KOSDAQ:A093520) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, pursuant to a trust contract with Daishin Securities. The purpose of the program is to stabilize stock price and enhance the value to shareholders.
The program will expire on January 16, 2023. As of October 16, 2022, the company had 4,122,521 shares in treasury within scope available for dividend and had 12,487 shares in treasury under other acquisitions.
MAKUS Inc. is a Korea-based company mainly engaged in the wholesale of non-memory semiconductor products. The Company specializes in the provision of technical operations and supports for programmable logic devices (PLDs) and analog integrated circuits. It imports and sells non-memory semiconductor products such as amplifiers, sunlight readable liquid crystal displays (LCDs), light modules, broadcast connectivity, automotive integrated circuits and others through its agents. It has partnerships with Xilinx, Intersil, Hittite, Illumitex, Inrevium, Pixel Qi and Samplify. The Company is also involved in the corporate restructuring business through its subsidiary.
MAKUS INC. 
