ENF Technology Co., Ltd.'s Equity Buyback in the amount of KRW3000 mm has expired
February 06, 2012 at 09:30 am IST
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The Board of Directors of Enf Technology Co., Ltd. (KOSE:A102710) authorized a share repurchase program on August 5, 2010. Under the program, the company will repurchase up to KRW 3 billion of its shares pursuant to a trust agreement with Daewoo Securities Co., Ltd. The purpose of the share repurchase program is to stabilize share prices and to enhance shareholder value. The repurchases will commence on August 6, 2010, and will be valid until February 6, 2011.
On February 1, 2011, the company extended the share repurchase program to expire on August 6, 2011.
On August 5, 2011, the company extended its share repurchase program until February 6, 2012. Daewoo Securities Co., Ltd. acted as a broker for ENF Technology Co., Ltd.
ENF Technology Co., Ltd.'s share repurchase program expired on February 6, 2012. Under the plan, the company has repurchased 297,164 shares.
ENF Technology Co.,Ltd is a Korea-based company mainly engaged in the production of semiconductors and thin film transistor liquid crystal displays (TFT LCDs) materials. The Company's product portfolio consists of process chemicals, including thinners, developers, strippers, etchants, promoters and others used for semiconductors and LCDs; fine chemical products, including monomers, ArF monomers for photoresist, photo acid generators, anti reflective coating monomers and polymers, additives and others used for displays and semiconductors, and color pastes used for small displays, notebooks, monitors and others. It also engages in the secondary battery business. The Company distributes its products within domestic markets and to overseas markets.
ENF TECHNOLOGY CO., LTD. 
