Tranche Update on MAKUS, Inc.'s Equity Buyback Plan announced on November 22, 2022.
February 06, 2023 at 01:58 am EST
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From January 1, 2023 to January 31, 2023, the company has repurchased 198,462 shares, representing 1.65% for KRW 1,717.33 million. With this, the company has completed the repurchase of 500,000 shares, representing 4.16% for KRW 4,304.92 million under the buyback announced on November 22, 2022.
MAKUS Inc. is a Korea-based company mainly engaged in the wholesale of non-memory semiconductor products. The Company specializes in the provision of technical operations and supports for programmable logic devices (PLDs) and analog integrated circuits. It imports and sells non-memory semiconductor products such as amplifiers, sunlight readable liquid crystal displays (LCDs), light modules, broadcast connectivity, automotive integrated circuits and others through its agents. It has partnerships with Xilinx, Intersil, Hittite, Illumitex, Inrevium, Pixel Qi and Samplify. The Company is also involved in the corporate restructuring business through its subsidiary.