Tranche Update on HB Technology CO.,LTD.'s Equity Buyback Plan announced on March 20, 2020.
September 21, 2020 at 03:03 am EDT
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From July 1, 2020 to September 21, 2020, the company has repurchased 384,777 shares, representing 0.5% for KRW 811.45 million. With this, the company has completed the repurchase of 768,617 shares, representing 1% for KRW 1,616.86 million under the buyback announced on March 20, 2020.
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. 
