TOVIS Co.,Ltd announces an Equity Buyback for 189,633 shares.
October 19, 2022 at 09:55 pm EDT
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TOVIS Co.,Ltd (KOSDAQ:A051360) announces a share repurchase program. Under the program, the company will repurchase up to 189,633 shares. The purpose of the program is shareholder value enhancement.
The program will expire on January 20, 2023. As of October 19, 2022, the company had 863,318 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.
TOVIS CO.,LTD 
