Tranche Update on JCH Systems, Inc.'s Equity Buyback Plan announced on October 24, 2017.
January 25, 2018 at 02:27 pm IST
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From October 24, 2017 to December 31, 2017, the company has repurchased 136,430 shares, representing 0.72% for KRW 840.37 million. With this, the company has completed the repurchase of 136,430 shares, representing 0.72% for KRW 840.37 million under the buyback announced on October 24, 2017.
JCH Systems, Inc., formerly JC HYUN SYSTEMS INC., is a Korea-based company mainly engaged in the provision of information technology (IT) products. The Company operates its business through two divisions: IT products distribution division and Internet services division. Its IT products distribution division involves in the distribution of personal computers (PCs) and computer related products, including main boards, central processing units (CPUs), graphic cards, cables, monitors, projectors and others, as well as car infotainment (CI) devices including car audios, videos, navigations (AVNs) and others. Its Internet services division engages in the provision of network and information security solutions including Internet data center (IDC) services, online solutions, electronic business services and others.