TOVIS Co.,Ltd announces an Equity Buyback for 100,000 shares.
March 11, 2024 at 07:28 am IST
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TOVIS Co.,Ltd (KOSDAQ:A051360) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares. The program is aimed at stock burning.
The program will expire on April 12, 2024. As of March 10, 2024, the company had 802,951 and 90,901 treasury stock holdings in acquisition within the scope of allotment and through other acquisition, respectively.
TOVIS Co.,LTD is a Korea-based Company mainly engaged in the manufacture of thin film transistor-liquid crystal display (TFT-LCD) modules. The Company provides three categories of products: TFT-LCD modules, which are used in cell phones, portable multimedia players (PMPs), digital multimedia broadcasting (DMB) televisions (TVs), digital cameras and others; industrial monitors, which are used in casino gaming monitors, public information displays, medical equipment and others, and touch panels, which are used for mobile phones, personal digital assistants (PDAs), navigations and others. It distributes its products within domestic market and to overseas markets. On February 26, 2013, the Company merged with HOYAHTECH CO. LTD., a Korea-based company mainly engaged in the development, manufacturing and sales of touch panel and tempered glass.