Tranche Update on RS Automation Co.,Ltd.'s Equity Buyback Plan announced on February 4, 2022.
February 09, 2022 at 08:28 am IST
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From February 4, 2022 to February 8, 2022, the company has repurchased 16,000 shares, representing 0.18% for KRW 212.8 million. With this, the company has completed the repurchase of 16,000 shares, representing 0.18% for KRW 212.8 million under the buyback announced on February 4, 2022.
RS Automation Co., Ltd. is a Korea-based company Principally engaged in the manufacture and distribution of automation equipment. The Companyâs products include motion controller, drive, inverter, programmable logic controller (PLC), touch panel, Power Conditioning System (PCS) and Uninterruptible Power Supply (UPS). The Company also provides customer training and application consulting services, system engineering and project management support services, repair and maintenance support services for older products, installation, commissioning and application technical support services. The Company distributes its products within domestic market and to overseas markets.