Tranche Update on Deswell Industries, Inc.'s Equity Buyback Plan announced on March 1, 2017.
March 01, 2017 at 01:34 pm EST
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From March 1, 2017 to March 1, 2017, the company has repurchased 171,000 shares, representing 1.07% for $0.31 million. With this, the company has completed the repurchase of 171,000 shares, representing 1.07% for $0.31 million under the buyback announced on March 1, 2017.
Deswell Industries, Inc. is engaged in the manufacturing and selling of injection-molded plastic parts and components. The Company also provides manufacturing services for electronic products and subassemblies, and manufactures metallic molds and accessory parts for original equipment manufacturers (OEMs) and contract manufacturers. Its segments include plastic injection molding and electronic products assembling. It produces a range of plastic parts and components that are used in the manufacture of consumer and industrial products, using various plastic injection technologies, such as film injection, integrated injection and insert injection. Its products include plastic components of electronic entertainment products; cases for flashlights, telephones, paging machines, projectors and alarm clocks; toner cartridges and cases for photocopy and printer machines; parts for electrical products, such as air-conditioning and ventilators; laser key caps, and automobile components.
DESWELL INDUSTRIES, INC. 