HANMI Semiconductor Co., Ltd. announces an Equity Buyback for KRW 1,000 million worth of its shares.
January 04, 2019
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HANMI Semiconductor Co., Ltd. (KOSE:A042700) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of shares pursuant to trust contract with Industrial Bank of Korea. The purpose of the buyback is to stabilize share price and enhance shareholders' value. The plan will continue until July 4, 2019. As on January 4, 2019, the company had 6,940,522 common shares in treasury within scope available for dividend and had 834 shares in treasury through other repurchase.
Hanmi Semicondu-ctor Co., Ltd. is a Korea-based company mainly engaged in the manufacture of semiconductor equipment. The Company operates in two business segments: equipment segment and imported automobile segment. Its equipment segment manufactures semiconductor equipment, including sawing and placement systems, cam press trim/form/singulation systems, and pick and place systems, among others; photovoltaic (PV) equipment, including PV wafer production systems and PV cell production systems; light emitting diode (LED) equipment, including vision inspection systems, die bonding systems and others, as well as semiconductor molding products and equipment supplies. Its imported automobile segment engages in the dealing and maintenance of imported automobiles under the brand name of BMW.
HANMI SEMICONDUCTOR CO., LTD. 
