Tranche Update on Hironic Co., Ltd.'s Equity Buyback Plan announced on May 11, 2016.
August 16, 2016 at 01:47 am EDT
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From May 11, 2016 to June 30, 2016, the company has repurchased 174,821 shares, representing 1.28% for KRW 1,633.01 million. With this, the company has completed the repurchase of 174,821 shares, representing 1.28% for KRW 1,633.01 million under the buyback announced on May 11, 2016.
Hironic Co., Ltd is a Korea-based company mainly engaged in the research and development, manufacture and distribution of medical equipment for skin care. The Company mainly manufactures medical equipment for skin and obesity care or treatment. The Companyâs products include MIXEL, a skin cure equipment for skin lesions and melasma, as well as improving skin texture and tone; MIPL, a skin treatment equipment for pigmentation, wrinkle, vascular, acne and hair removal; MIDEPI, a hair removal equipment; DOUBLO, which is skin treatment equipment for skin tightening and rejuvenation, non-invasive lifting for face and eyebrow lifting; MICOOL, a treatment equipment of natural fat cell destruction, and New Midas, which is used for body contouring and face lifting.