Bixolon Co., Ltd announces an Equity Buyback for 401,607 shares.
April 01, 2021 at 12:39 am EDT
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Bixolon Co., Ltd (KOSDAQ:A093190) announces a share repurchase program. Under the program, the company will repurchase up to 401,607 common shares. The purpose of the program is to improve the shareholder value by stabilizing the stock price. The program will expire on July 1, 2021. As of March 31, 2021, the company had 2,846,452 shares in treasury within scope available for dividend and had 255 shares in treasury under other capacities.
BIXOLON CO., LTD is a Korea-based company mainly engaged in the manufacture of mini printers. The Companyâs products consist of point of sale (POS) printers, including thermal printers, impact printers, inkjet printers and others used for receipts printing; label printers used for bar codes and other labels printing; mobile printers used for outdoor printing; printer mechanisms, including thermal and impact mechanisms, panel printers and others, and accessories, such as wall mounts, splash covers, buzzers, ribbon cartridges, ink cartridges, belt straps, belt clips, shoulder straps, battery packs and others. It also involves in the leasing business. The Company distributes its products within domestic market and to overseas market.