HANMI Semiconductor Co., Ltd.'s Equity Buyback in the amount of KRW3000 mm has expired
October 16, 2012 at 12:00 am EDT
Share
The Board of Directors of HANMI Semiconductor Co., Ltd. (KOSE:A042700) authorized a share repurchase program on April 17, 2012. Under the program, the company will repurchase shares worth KRW 3 billion. The shares will be repurchased for stabilization of stock price. The program will commence from April 17, 2012 and will end on October 16, 2012. As of April 16, 2012, the company has 520,810 shares in direct ownership of treasury stock and 497,090 shares in the treasury stock under trust agreement.
Industrial Bank of Korea and Daishin Securities Co., Ltd. acted as brokers to HANMI Semiconductor Co., Ltd. for the buyback transaction.
HANMI Semiconductor Co., Ltd.'s share repurchase program expire don October 16, 2012. Under the program, the company has repurchased 503,960 shares for KRW 2.99 billion.
Hanmi Semicondu-ctor Co., Ltd. is a Korea-based company mainly engaged in the manufacture of semiconductor equipment. The Company operates in two business segments: equipment segment and imported automobile segment. Its equipment segment manufactures semiconductor equipment, including sawing and placement systems, cam press trim/form/singulation systems, and pick and place systems, among others; photovoltaic (PV) equipment, including PV wafer production systems and PV cell production systems; light emitting diode (LED) equipment, including vision inspection systems, die bonding systems and others, as well as semiconductor molding products and equipment supplies. Its imported automobile segment engages in the dealing and maintenance of imported automobiles under the brand name of BMW.
HANMI SEMICONDUCTOR CO., LTD. 
