Tranche Update on ActRO Co., Ltd's Equity Buyback Plan announced on November 30, 2022.
May 30, 2023 at 03:01 am EDT
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From November 30, 2022 to December 31, 2022, the company has repurchased 150,477 shares, representing 1.59% for KRW 993.66 million. With this, the company has completed the repurchase of 150,477 shares, representing 1.59% for KRW 993.66 million under the buyback announced on November 30, 2022.
Actro Co.,Ltd is a Korea-based company principally engaged in the manufacturing and selling of actuators for mobiles. The Companyâs actuators consist of auto focusing (AF) actuators, iris actuators, and optical image stabilizer (OIS) actuators. These products are applied for high end camera modules. The Company produces automation equipment that used for assembly, cleansing and inspection, such as air blowing machines (MCs), bonding MCs, water cleaning MCs, carrier assembling MCs and others. In addition, the Company is involved in the provision of performance testers for actuators, fixtures for automation equipment operating, as well as high density coils (H-Coil). The Company distributes its products within domestic market and to overseas markets.