Samjin LND Co., Ltd. announces an Equity Buyback for 500,000 shares.
March 31, 2020 at 12:30 am EDT
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Samjin LND Co., Ltd. (KOSDAQ:A054090) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on June 30, 2020. As of March 30, 2020, the company had 1,250,000 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
SAMJIN LND CO., LTD. is a Korea-based company mainly engaged in the manufacture of electronic components. The Company operates its business through four main divisions: component division, which provides mold frames, gaskets and protective plastic (PP) cases for television (TV) back light units (BLUs), secondary batteries, automobile components and others; mold division, which provides designs and manufactures molds for BLUs, electronic components and others; office automation (OA) division, which provides finishers for printers, and laser diode (LD) division, which light-emitting diode (LED) lighting equipment; The Company also provides resins. In addition, it engages in the real estate rental business.
SAMJIN LND CO., LTD. 
