HIMS Co., Ltd. announces an Equity Buyback for 68,965 shares.
May 10, 2019 at 11:42 am IST
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HIMS Co., Ltd. (KOSDAQ:A238490) announces a share repurchase program. Under the program, the company will repurchase up to 68,965 shares of common stock. The purpose of the buyback is to increase shareholder value by stabilizing stock price. The plan will be valid up to August 10, 2019. As on May 9, 2019, the company had 72,900 shares in treasury within scope available for dividend and no shares through other repurchase.
Hims Co Ltd is a Korea-based company principally engaged in the manufacture and distribution of organic light emitting diode (OLED) equipment. The Company operates three businesses. The OLED equipment business mainly provides OLED mask tensioner, gap long side tensioner, manual repair machine, measuring and inspection instrument. The non-OLED equipment business mainly provides display infrared ray (IR) filter inspector, semiconductor pellicle inspector and blood sugar inspector. The Company also provides vision modules such as tool inspector, bolt inspector, connector inspector and marking inspector, and vision parts such as cameras, industrial lighting, lighting cables and communication board.
HIMS CO.,LTD. 
