Viatron Technologies, Inc.'s Equity Buyback in the amount of KRW2000 mm has expired
January 17, 2013 at 11:00 pm
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The Board of Directors of Viatron Technologies, Inc. (KOSE:A141000) authorized a share repurchase program on July 19, 2012. Under the program, the company will repurchase up to KRW 2 billion worth own shares pursuant to a trust agreement with Korea Investment & Securities Co., Ltd. The purpose behind the program is enhancement of shareholders' value through stability of stock price. Repurchases will commence on July 19, 2012 and will continue until January 18, 2013. As of July 18, 2012, the company has no shares in treasury. Till October 19, 2012, the company has purchased 84,289 shares for KRW 1.07 billion. Korea Investment & Securities Co., Ltd. acted as the broker for Viatron Technologies, Inc.
Viatron Technologies, Inc.'s share repurchase program expire don January 18, 2013. Under the program, the company has repurchased 116,621 shares.
Viatron Technologies, Inc. is a Korea-based company engaged in the manufacture of heat treatment equipment for semiconductor manufacturing. The Companyâs products include field-enhanced rapid thermal annealer (FE-TRA) systems, optically-enhanced rapid thermal annealer (OE-RTA) systems and in-line RTA systems, which are mainly applied for active-matrix organic light-emitting diodes (AMOLEDs) and liquid crystal displays (LCDs); water vapor annealer (WVA) systems, which are applied for oxide thin-film transistors (TFTs), and poly-imide curing furnace (PICF) systems, which are applied for flexible displays. The Company distributes its products within domestic market and to overseas markets