Tranche Update on Test-Rite International Co., Ltd.'s Equity Buyback Plan announced on August 2, 2019.
October 04, 2019 at 04:18 am
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From August 2, 2019 to October 4, 2019, the company has repurchased 5,035,000 shares, representing 1.01% for TWD 108 million. With this, the company has completed the repurchase of 5,035,000 shares, representing 1.01% for TWD 108 million under the buyback announced on August 2, 2019.
Test Rite International Co Ltd is a Taiwan-based company principally engaged in the retailing of household products and the trading of daily goods. The trading business is engaged in the import and export business and agency business of department store products, covering hardware tools, DIY hand tools, bathroom and storage products, stationery products, household appliances and living goods, outdoor furniture, gardening, barbecue products. The retail business is directly facing consumers mainly located in Taiwan and China in the home furnishings, home repair, mattress and bedding sales business, comprehensive home integration services and brand agency business. The affiliated business groups include design teams for product design, packaging design, and industrial design; construction teams for store construction, office building construction, investment promotion, and logistics and warehousing services in China, Taiwan, the United States, and Europe.