Tranche Update on Victek Co., Ltd.'s Equity Buyback Plan announced on March 19, 2020.
April 06, 2020 at 09:11 pm
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From March 19, 2020 to April 2, 2020, the company has repurchased 600,000 shares, representing 2.07% for KRW 1,173.18 million. With this, the company has completed the repurchase of 600,000 shares, representing 2.07% for KRW 1,173.18 million under the buyback announced on March 19, 2020.
VICTEK Co., Ltd. is a Korea-based company mainly engaged in the provision of military systems and power supply systems. Its power supply systems are used for telecommunication, orbital weapons and electronic warfare systems. The Company offers electronic systems used for navy vessels and aircrafts, such as FLIR SEU systems, which are system processors for mobilizing helicopter equipment to provide infrared ray images, FO DMD systems, which transmit and receive location and image information with wired and wireless communications, direction finding systems, as well as digital frequency discriminators. It also develops radio frequency identification (RFID) systems, public bike systems, real time location systems, as well as solar inverters.
VICTEK CO., LTD. 
