Tranche Update on Powertech Industrial Co., Ltd.'s Equity Buyback Plan announced on March 17, 2020.
April 17, 2020 at 05:31 am EDT
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From March 17, 2020 to April 17, 2020, the company has repurchased 1,500,000 shares, representing 1.53% for TWD 19.86 million. With this, the company has completed the repurchase of 1,500,000 shares, representing 1.53% for TWD 19.86 million under the buyback announced on March 17, 2020.
POWERTECH INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of power protectors. The Company provides electronic circuit power protectors, including line cord plug in products, wall plug products and power control centers, as well as smart household wireless remote control products, including lighting control products, wireless motion sensors and security remote systems. Its products are applied in the computers, communication products, consumer electronics, prevision electronic instruments, audio products, digital televisions, household electrical appliances and others. The Company mainly distributes its products to the United States, Australia and others.