Megawin Technology Co., Ltd. announces an Equity Buyback for 1,000,000 shares.
February 16, 2017 at 01:49 am IST
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Megawin Technology Co., Ltd. (GTSM:3122) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares. The shares will be purchased within the price range of TWD 13.32 to TWD 23 per share. The repurchase program will continue until April 14, 2017.
Megawin Technology Co., Ltd. is a Taiwan-based company principally engaged in the design and sales of microcontrollers. The Company's products include 8051 microcontrollers, 6502 microcontrollers, input/output (I/O) type microcontrollers, liquid crystal display (LCD) type microcontrollers, universal serial bus (USB) microcontrollers, mobile power supply microcontrollers, fast charging microcontrollers and light emitting diode (LED) driver integrated circuits (ICs), among others. Its products are applied in the meters, industrial controllers, home appliances, communications products, network toys, remote controllers, handhold game machines, digital clocks and watches, electrical meter displays, digital memo pads and others. The Company distributes its products mainly in Asia.