Tranche Update on Hyundai Telecommunication.Co.Ltd's Equity Buyback Plan announced on January 30, 2020.
April 29, 2020 at 07:12 am IST
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From January 30, 2020 to March 31, 2020, the company has repurchased 265,280 shares, representing 3.15% for KRW 1,515.74 million. With this, the company has completed the repurchase of 265,280 shares, representing 3.15% for KRW 1,515.74 million under the buyback announced on January 30, 2020.
Hyundai HT Co Ltd, formerly Hyundai Telecommunication Co Ltd, is a Korea-based company principally engaged in the manufacture and sale of smart home products. The Company provides home network system and home automation system that can connect information devices such as lighting, gas and heating devices through a network and control them from inside and outside the house through smartphones and Internet. The Company also provides smart security solutions such as crime prevention and disaster prevention systems, smart access control systems, parking control systems, smart location recognition systems, closed circuit television (CCTV) systems, and emergency bell systems, among others.