Tranche Update on Piolink, Inc.'s Equity Buyback Plan announced on March 17, 2020.
September 17, 2020 at 12:51 pm IST
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From March 17, 2020 to March 31, 2020, the company has repurchased 119,507 shares, representing 1.84% for KRW 740.85 million. With this, the company has completed the repurchase of 119,507 shares, representing 1.84% for KRW 740.85 million under the buyback announced on March 17, 2020.
PIOLINK Inc. is a Korea-based company mainly engaged in the manufacture of equipment for application networking, as well as other information technology (IT) equipment and parts. The Company mainly manufactures application delivery controllers (ADCs), which enhance the performance of Web-based and related applications for end users by providing a suite of services at network and application layers; Web application firewall (WAF), which intends to guarantee construction and operation of safe Web business environment by preventing illegal use of and invasion to Web servers and Web applications, as well as security switches and others. It also engaged in the sale of voice over Internet protocol (VoIP) firewall products.
PIOLINK, INC. 
