Tranche Update on S Connect Co., LTD.'s Equity Buyback Plan announced on March 12, 2024.
April 30, 2024 at 03:32 am EDT
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From April 1, 2024 to April 26, 2024, the company has repurchased 416,900 shares, representing 0.54% for KRW 704.5 million. With this, the company has completed the repurchase of 1,000,000 shares, representing 1.3% for KRW 1,809.43 million under the buyback announced on March 12, 2024.
S Connect Co., LTD is a Korea-based company mainly engaged in the manufacture and distribution of interior and exterior parts of mobile phones. The Companyâs product portfolio consists of mobile phone cases and related components, including aluminum types and stainless steel types. It also involves in the manufacture of molds and personal computer (PC) interior and exterior cover parts. Its main clients are Samsung Electronics, Pantech and others. The Companyâs subsidiaries include SAM YOU NG CHINA CO., LTD. and S-Connect (DONGGUAN). Co .Ltd, which are engaged in the manufacture and distribution of electronic components, and Career. Co.Kr., which is engaged in the provision of employment agency services, human resource (HR) solutions, headhunting and others through the Internet.