Tranche Update on Shinhwa Contech Co., Ltd's Equity Buyback Plan announced on March 12, 2020.
May 25, 2020 at 02:46 am EDT
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From March 12, 2020 to March 31, 2020, the company has repurchased 140,266 shares, representing 1.45% for KRW 262.97 million. With this, the company has completed the repurchase of 140,266 shares, representing 1.45% for KRW 262.97 million under the buyback announced on March 12, 2020.
Shin Hwa Contech Co., Ltd. is a Korea-based company engaged in the manufacture of electronic connectors. The Companyâs products consist of connectors used for mobile applications, such as micro (universal serial bus) USB 2.0 sockets, micro USB 3.0 sockets, micro USB 3.0 plugs, board to board connectors, subscriber identification module (SIM) connectors and others; connectors used for hard disk drives (HDDs), such spindle motors, head stacks and others, and connectors used for displays, such as low-voltage differential signaling (LVDS) series, wire to board series, wafers, light emitting diode (LED) bar connectors and others.