APRO Co,. Ltd announces an Equity Buyback for KRW 1,000 million worth of its shares.
November 02, 2020 at 05:37 pm EST
Share
APRO Co,. Ltd (KOSDAQ:A262260) announces a share repurchase program. Under the program, the company will repurchase shares for KRW 1,000 million under the contract with Eugene Investment & Securities Co.,Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will be valid until May 1, 2021. As of November 1, 2020, the company had 0 shares in treasury under the dividend capacity and 0 shares in treasury under other capacities.
APro Co Ltd is a Korea-based company engaged in the production and sale of lithium ion secondary battery activation equipment. The Company's main products include general chargers, high temperature pressurized chargers, large-capacity regenerative power supplies and others.