Tranche Update on HK Co., Ltd.'s Equity Buyback Plan announced on March 20, 2020.
June 22, 2020 at 12:58 pm IST
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From March 20, 2020 to March 31, 2020, the company has repurchased 194,204 shares, representing 1.05% for KRW 172.8 million. With this, the company has completed the repurchase of 194,204 shares, representing 1.05% for KRW 172.8 million under the buyback announced on March 20, 2020.
HK CO., LTD., formerly HANKWANG Co., Ltd., is a Korea-based company engaged in the manufacturing and marketing of laser processing equipment. The Company mainly provides laser cutting machines, including cutting, welding, heat treatment and special-purpose laser systems used in electronic, electrical, machinery, automobile, semiconductor, steel and other industries. Its products are categorized into hybrid type and flying optic type. The Company also provides lenses and other components, as well as repair and maintenance services. The Company distributes its products within domestic market and to overseas markets.