Tranche Update on SAMYUNG ENC Co., Ltd.'s Equity Buyback Plan announced on January 23, 2020.
March 23, 2020 at 03:00 am EDT
Share
From January 23, 2020 to March 20, 2020, the company has repurchased 400,000 shares, representing 4.54% for KRW 2,287.31 million. With this, the company has completed the repurchase of 400,000 shares, representing 4.54% for KRW 2,287.31 million under the buyback announced on January 23, 2020.
Samyung ENC Co., Ltd. is a Korea-based company mainly engaged in the manufacture and sale of marine electronic equipment. The Companyâs products consist of maritime communication equipment, such as global maritime distresses and safety systems (GMDSSs), including digital selective calling (DSC) medium frequency (MF) and high frequency (HF) transmissions and receivers, emergency position indication radio beacons (EPIRBs), navigational telex (NAVTEX) receivers and others; navigation equipment, including global positioning system (GPS) navigation systems, GPS plotters, fish finders, radars, automatic receivers, weather fax receivers and others; defense equipment, including short-wave communication systems, and other equipment, including fishing equipment, automation pilot systems and fishnet sensors. It also provides antennas. The Company distributes its products within domestic market and to overseas markets.
SAMYUNG ENC CO., LTD. 
