Hunt Electronic Co., Ltd. announces an Equity Buyback for 2,000,000 shares, representing 5.43% for TWD 463.02 million.
October 13, 2015 at 11:02 pm EDT
Share
Hunt Electronic Co., Ltd. (GTSM:3297) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 5.43% of its issued share capital for a total of TWD 463.02 million. The shares will be purchased at a maximum price of TWD 24 per share and at a minimum price of TWD 14 per share.
The program will continue until December 11, 2015.
Hunt Electronic Co., Ltd. is a Taiwan-based company principally engaged in the manufacture of video recorders. The Companyâs main products consist of computer controlled display (CCD) electronic cameras, including pen-type cameras, hemispherical cameras, mini cameras, infrared ray cameras, waterproof cameras and wide dynamic cameras, which are used for real time monitoring, as well as disaster and theft prevention; digital video recorders (DVRs), including hybrid DVRs and others which are used for storing images from multi-cameras into hard discs, as well as network video recorders (NVRs), including provides Internet protocol (IP) cameras, video servers and others, which are used for Internet security. The Company operates in Taiwan, America, Europe, Asia and other markets.