Tranche Update on Plastec Technologies, Ltd. (OTCPK:PLTY.F)'s Equity Buyback Plan announced on September 25, 2013.
May 14, 2021 at 04:01 pm
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From January 1, 2020 to December 31, 2020, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 586,010 shares, for $3.52 million under the buyback announced on September 25, 2013.
Plastec Technologies, Ltd. is a holding company. The Company is a vertically integrated plastic manufacturing services provider. It operates through the provision of integrated plastic manufacturing services segment. It provides precision plastic manufacturing services from mold design and fabrication and plastic injection manufacturing to secondary-process finishing, as well as parts assembly through its subsidiary, Plastec International Holdings Limited. It produces a range of plastic casings, components and utensils. Its secondary-process finishing services include smoothing and polishing, laser marking, silk-screening, pad printing, spraying, painting, ultra-violet coating, anti-fog coating, hot stamping and metallic coating. Its customers include original equipment manufacturers, original design manufacturers and original brand manufacturers of consumer electronics, electrical home appliances, telecommunication devices, computer peripherals and precision plastic toys.