Tranche Update on MK Electron Co., Ltd.'s Equity Buyback Plan announced on May 29, 2019.
September 02, 2019 at 03:24 am EDT
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From May 29, 2019 to June 30, 2019, the company has repurchased 174,071 shares, representing 0.82% for KRW 1,452.44 million. With this, the company has completed the repurchase of 174,071 shares, representing 0.82% for KRW 1,452.44 million under the buyback announced on May 29, 2019.
MK ELECTRON CO., LTD. is a Korea-based company engaged in the manufacture of semiconductor package components. The Companyâs product portfolio consist of bonding wires, including gold bonding wires, Au-Ag alloy bonding wires, copper bonding wires and others, which are the materials for semiconductors manufacture that connect leads and silicon chips to transmit electrical signals; solder balls, which are the electronics solder parts that attach semiconductor chips, circuit modules and printed circuit boards (PCBs) to transmit electrical signals, as well as gold evaporate materials and gold sputtering targets. The Company distributes its products within domestic market and to overseas markets. On April 3, 2013, the Company established a new wholly owned subsidiary, MK Investment Co.,LTD, mainly engaged in the asset investments.
MK ELECTRON CO., LTD. 
