Snu Precision Co Ltd's Equity Buyback in the amount of KRW2000 mm has expired
February 06, 2013 at 09:30 am IST
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The Board of Directors of Snu Precision Co Ltd (KOSE:A080000) authorized a share repurchase program on August 21, 2006. Under the program, the company repurchase up to KRW 2 billion of its shares pursuant to trust agreement with Korea Investment & Securities Co., Ltd. The purpose of the repurchase program is to stabilize stock prices. The repurchases will commence on August 21, 2006 and will end on February 20, 2007. As of August 21, 2006, the company has direct ownership of 1,273 shares in treasury.
On February 8, 2007, the company announced that it has extended the program till August 20, 2007.
On August 13, 2007, the company announced that it has extended the program till February 20, 2008.
On February 18, 2008, the company announced that it has extended the program till August 20, 2008.
On August 13, 2008, the company announced that it has extended the program till February 20, 2009.
On February 10, 2009, the company announced that it has extended the program till August 20, 2009.
On August 6, 2009, the company announced that it has extended the program till February 22, 2010.
On February 11, 2010, the company announced that it has extended the program till August 23, 2010.
On August 10, 2010, the company announced that it has extended the program till February 24, 2011.
On February 10, 2011, the company announced that it has extended the program till August 25, 2011.
On August 22, 2011, the company announced that it has extended the program till February 27, 2012.
On February 9, 2012, the company extended its share repurchase program till August 27, 2012.
On August 10, 2012, the company extended its share repurchase program till February 27, 2013. Korea Investment & Securities Co., Ltd. acted as the broker to Snu Precision Co Ltd. for the buyback transaction.
Snu Precision Co Ltd.'s share repurchase program expired on February 6, 2013. Under the plan, the company has repurchased 103,457 shares.
SNU Precision Co., Ltd. is a Korea-based company mainly engaged in the manufacturing of semiconductor and display manufacturing equipment. The Companyâs products consist of liquid crystal display (LCD) manufacturing equipment, including photo spacer inspection systems (PSISs), halftone and critical dimension measurement systems, align measurement systems, mask particle inspection systems, sealant disconnection inspection and repair systems, pattern thickness measurement systems (PTMSs) and others; organic light-emitting diode (OLED) manufacturing equipment, including deposition and encapsulation systems, thin film equipment (TFE) and sputters, and solar cell manufacturing equipment, including thin film solar cell systems (CIGSs), organic thin film solar cells (OPVs), laser scribers and others.
SNU PRECISION CO., LTD. 