Tranche Update on HB Technology CO.,LTD.'s Equity Buyback Plan announced on July 14, 2022.
January 13, 2023 at 02:02 am EST
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From October 1, 2022 to December 31, 2022, the company has repurchased 503,842 shares, representing 0.67% for KRW 955.57 million. With this, the company has completed the repurchase of 1,007,706 shares, representing 1.33% for KRW 1,946.39 million under the buyback announced on July 14, 2022.
HB Technology CO.,LTD., formerly NCB NETWORKS CO.,LTD., is a Korea-based company mainly engaged in the manufacture of semiconductor inspection equipment. The Companyâs products include automated optical inspection (AOI) systems, which are used for thin film transistor liquid crystal displays (TFT LCDs), organic light-emitting diodes (OLEDs) and plasma display panels (PDPs); POL inspection systems, which are mainly used for plat films of LCD displays, and bare glass inspection systems. The Companyâs customers include SAMSUNG ELECTRONICS CO,.LTD, Samsung Mobile Display Co., Ltd., Samsung Corning Precision Materials Co., Ltd., Beijing BOE Display Technology Co., Ltd., and other display and semiconductor manufacturers. On July 8, 2013, it merged with LST, a Korea-based company mainly engaged in the manufacturing and sales of display parts. After the merger, the Company survived and LST was dissolved.
HB TECHNOLOGY CO.,LTD. 