Tranche Update on Hyundai Telecommunication.Co.Ltd's Equity Buyback Plan announced on November 25, 2019.
February 24, 2020 at 10:01 am IST
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From January 1, 2020 to February 24, 2020, the company has repurchased 47,450 shares, representing 0.55% for KRW 372.93 million. With this, the company has completed the repurchase of 253,283 shares, representing 2.94% for KRW 1,996.68 million under the buyback announced on November 25, 2019.
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.