Tranche Update on Top Engineering Co., Ltd's Equity Buyback Plan announced on May 22, 2017.
June 14, 2017 at 01:29 pm IST
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From May 22, 2017 to June 8, 2017, the company has repurchased 140,910 shares, representing 0.9% for KRW 999 million. With this, the company has completed the repurchase of 140,910 shares, representing 0.9% for KRW 999 million under the buyback announced on May 22, 2017.
Top Engineering Co., Ltd. is a Korea-based company engaged in the manufacture of semiconductor and display equipment. It provides liquid crystal display (LCD) equipment including liquid crystal (LC) dispensers, sealant (SEAL) dispensers, gas cutting systems (GCSs), array testers, in-line systems and wet cleaning equipment; light emitting diode (LED) equipment including inductively coupled plasma (ICP) etchers, low temperature plasma chemical vapor depositions (CVDs) and LED dispensers; semiconductor equipment including flip chip bonders, potting systems and marking systems; organic light emitting diode (OLED) equipment, such as OLED seal dispensers, and central chemical supply systems. On December 12, 2013, it sold a certain shares of IM Tech Inc. On March 5, 2014, it merged with a wholly owned subsidiary, engaged in the manufacture and distribution of displayer and semiconductor testers.