TOP Engineering Co., Ltd announces an Equity Buyback for 210,526 shares, for KRW 2,000 million.
November 26, 2019 at 08:50 pm
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Top Engineering Co. Ltd. (KOSDAQ:A065130) announces a share repurchase program. Under the program, the company will repurchase up to 210,526 shares, for KRW 2,000 million. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholder value. The share repurchase program is valid until February 27, 2020. As of November 26, 2019, the company had no shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
Top Engineering Co., Ltd. is a Korea-based company engaged in the manufacture of semiconductor and display equipment. It provides liquid crystal display (LCD) equipment including liquid crystal (LC) dispensers, sealant (SEAL) dispensers, gas cutting systems (GCSs), array testers, in-line systems and wet cleaning equipment; light emitting diode (LED) equipment including inductively coupled plasma (ICP) etchers, low temperature plasma chemical vapor depositions (CVDs) and LED dispensers; semiconductor equipment including flip chip bonders, potting systems and marking systems; organic light emitting diode (OLED) equipment, such as OLED seal dispensers, and central chemical supply systems. On December 12, 2013, it sold a certain shares of IM Tech Inc. On March 5, 2014, it merged with a wholly owned subsidiary, engaged in the manufacture and distribution of displayer and semiconductor testers.
TOP ENGINEERING CO., LTD 