Tranche Update on QMC Co., Ltd.'s Equity Buyback Plan announced on May 30, 2019.
November 29, 2019 at 03:38 am EST
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From May 30, 2019 to November 29, 2019, the company has repurchased 160,000 shares, for KRW 575.3 million. With this, the company has completed the repurchase of 160,000 shares, for KRW 575.3 million under the buyback announced on May 30, 2019.
QMC Co., Ltd. is a Korea-based company mainly engaged in the production and sale of light emitting diode equipments. The main products include processing systems, testers, handlers, lighting light emitting diodes (LEDs). In addition, the Company produces and sells laser systems, semiconductors, flat panel displays (FPDs), and other machines such as punching machines, sanding machines, mask probers. Laser systems include laser scribing systems, laser lift off systems, laser micromachining systems. Semiconductors include tapping machines. FPD consists of liquid crystal display (LCD) probe stations, and small LCD probe stations. The Company distributes its products within the domestic market and to overseas markets, including China.