Toptec Co., Ltd. announces an Equity Buyback for 405,679 shares.
June 15, 2018 at 12:52 am
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Toptec Co., Ltd. announces a share repurchase program. Under the program, the company will repurchase 405,679 shares. The purpose of the buyback is to stabilize stock price. The plan will be valid up to September 14, 2018. As on June 15, 2018, the company had 188,605 shares in treasury within scope available for dividend and had 4,485 shares in treasury through other repurchases.
TOPTEC Co., Ltd. is a Korea-based company engaged in the manufacture of automated machines. The Company's products consist of display related equipment, including equipment for liquid crystal display (LCD), organic light emitting diode (OLED) and plasma display panel (PDP) manufacturing; equipment for rechargeable battery manufacturing, such as can cap laser welding machines, cap assembly machines and laser welding machines; solar module related equipment, including tabbing and laminating machines; automobile related equipment, including seat auto covering machines and seat assembly in-line systems; equipment for belt manufacturing, including of bias cutting machines, angle cutting machines, v-belt building machines and cross cutting machines; nano-fiber and laser cutting equipment, as well as loaders and unloaders.
TOPTEC CO., LTD 
