VITZROCELL Co.,Ltd. announces an Equity Buyback for 234,899 shares.
April 09, 2021 at 10:54 am IST
Share
VITZROCELL Co.,Ltd. (KOSDAQ:A082920) announces a share repurchase program. Under the program, the company will repurchase 234,899 shares. The purpose of the program is to enhance shareholder value. The program will be valid until July 9, 2021. As of April 8, 2021, the company had no shares in treasury under the dividend capacity and no shares in treasury under other capacities.
Vitzrocell Co Ltd is a Korea-based company engaged in the manufacture and sale of lithium batteries. The Company's products include lithium thionyl chloride (Li/SOCl2) bobbin type for memory backups and digital meters; Li/SOCl2 wound type for communication equipment, asset tracking equipment and global positioning systems (GPSs); Li/SOCl2 hybrid type for radio frequency identification (RFID) devices, asset tracking equipment and digital meters; lithium-manganese dioxide (Li-MnO2) type for cameras and security devices, as well as Li-SOCl2 reserve type for military utilities such as guided weapons. The Company provides its products under the brand name of Tekcell. The Company distributes its products in domestic and overseas markets.