Tranche Update on SAMT Co., Ltd.'s Equity Buyback Plan announced on March 17, 2020.
June 17, 2020 at 03:01 am EDT
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From April 1, 2020 to June 15, 2020, the company has repurchased 965,759 shares, representing 0.98% for KRW 2,077.6 million. With this, the company has completed the repurchase of 1,000,000 shares, representing 1.01% for KRW 2,129.29 million under the buyback announced on March 17, 2020.
SAMT Co.,LTD. is a Korea-based company engaged in the distribution of semiconductors and other information technology (IT) products. The Companyâs products consist of semiconductors, including memory and non-memory semiconductors; displays, including digital information displays (DIDs), liquid crystal displays (LCDs) for monitors and laptops, small- and medium-size LCDs and others; personal computers (PC) and storage products, including laptops, desktops, monitors, printers, solid state disks (SSDs), servers, keyboards and others, as well as digital modules, among others. The Companyâs main suppliers are SAMSUNG ELECTRONICS, SAMSUNG DISPLAY, SAMSUNG TECHWIN, SAMSUNG SDI and SAMSUNG ELECTRO-MECHANICS. It distributes its products within domestic market and to overseas markets, such as America and China.