Tranche Update on Avaco Co., Ltd.'s Equity Buyback Plan announced on February 13, 2020.
August 12, 2020 at 01:39 pm IST
Share
From April 1, 2020 to August 12, 2020, the company has repurchased 32,030 shares, representing 0.25% for KRW 152.76 million. With this, the company has completed the repurchase of 583,707 shares, representing 4.31% for KRW 2,988.9 million under the buyback announced on February 13, 2020.
AVACO CO., LTD. is a Korea-based company mainly engaged in the manufacture of flat panel display (FPD) equipment. The Companyâs products consist of conveyances, including stockers and maintenance cranes; specialized equipment, including auto claves, scribes and break systems, tab bonders and polarizer film attachment equipment, and vacuum equipment, including evaporation and coating systems, sputter systems, organic light-emitting diode (OLED) encapsulation systems, exhaust and gas filling systems and manufacture equipment for solar cells. The Company distributes its products within domestic market and to overseas markets.