Seoho Electric Co.,Ltd announces an Equity Buyback for 45,000 shares.
September 10, 2021 at 10:03 am IST
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Seoho Electric Co.,Ltd (KOSDAQ:A065710) announces a share repurchase program. Under the program, the company will repurchase up to 45,000 shares. The purpose of the program is to provide for Employee performance pay. The program will expire on December 10, 2021. As of September 9, 2021, the company had 9,078 shares in treasury within scope available for dividend and no shares in treasury under other capacities.
Seoho Electric Co., Ltd is a Korea-based company engaged in the manufacturing and distributing of control systems for harbor cranes. The Companyâs products consist of control systems used for harbor cranes, including crane monitoring and management systems (CMMSs), anti-sway systems and auto position identification systems (APISs) and automated steering for cranes using global positioning system (GPS); industrial drive control systems; direct current (DC) converters, which are driving devices for DC motors, and alternating current (AC) inverters, which are driving devices for fans and pumps. The Company distributes products within domestic market and to overseas markets.