Long Time Technology Co., Ltd. announces an Equity Buyback for 300,000 shares, representing 0.78% for TWD 10.5 million.
June 31, 2017
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Long Time Technology Co., Ltd. (GTSM:6555) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 0.78% of the issued shares, for a total of TWD 10.5 million. The shares will be repurchased within a price ranging from TWD 15 per share and TWD 32 per share. The purpose of the program is to transfer shares to employees. The program will expire on August 1, 2017. As of June 1, 2017, the company has 12,000 own shares.
Long Time Technology Co., Ltd. is a Taiwan-based company engaged in basic chemical business, and manufacture of other chemical materials and other non-metallic mineral products. The Company is mainly engaged in manufacture and sales of anode materials for lithium battery such as natural graphite, artificial graphite, mesocarbon microbeads (MCMB) and composite graphite, as well as artificial graphite heat sinks. The Company also provides raw materials, other materials and semi-finished products. The Company distributes its products within domestic markets and to overseas markets.