Tranche Update on Spolytech Co., Ltd.'s Equity Buyback Plan announced on March 20, 2020.
June 23, 2020 at 08:56 pm
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From April 1, 2020 to June 20, 2020, the company has repurchased 339,447 shares, representing 2.16% for KRW 1,308.28 million. With this, the company has completed the repurchase of 339,447 shares, representing 2.16% for KRW 1,308.28 million under the buyback announced on March 20, 2020.
SPOLYTECH CO., LTD. is a Korea-based company mainly engaged in the manufacturing of engineering plastic products and optical sheets and films. The Company mainly produces polycarbonate (PC) sheets and polymethylmethacrylate (PMMA) sheets, used for soundproof walls and boards; light guided panels (LGPs), used for thin film transistor-liquid crystal displays (TFT-LCDs); diffuser panels, used for LCD televisions (TVs); PC films, used for electronics, displays, ski goggles, sun caps and others; PMMA films, used for sign boards, title boards, and PC hollow sheets, used for green houses, vegetable gardens and playgrounds. It also provides weather-ability sheets, heat resistant sheets, specialty films and others.