Tranche Update on Smec Co.,Ltd's Equity Buyback Plan announced on February 27, 2020.
August 26, 2020 at 03:13 am EDT
Share
From February 27, 2020 to March 31, 2020, the company has repurchased 530,758 shares, representing 2.1% for KRW 995.04 million. With this, the company has completed the repurchase of 530,758 shares, representing 2.1% for KRW 995.04 million under the buyback announced on February 27, 2020.
SMEC CO., LTD is a Korea-based company mainly engaged in the machinery and communication industry businesses. The Companyâs machinery business is involved in the production of computer number control (CNC) lathes, machine centers, robots, lasers, catalogue archives, assemblies and original equipment manufacturer (OEM) products under the brand name LCV, PL and others. Its communication business is involved in the provision of trunk gateways, media gateways, signaling gateways, session border controllers, wireless transmission control protocols (TCPs), and maintenance services under the brand names NGTG, NGMG, NGSG, NGSBC and WTCP. The Company also provides repair and maintenance services for communication equipment. It distributes its products within domestic market and to overseas markets.
SMEC CO.,LTD 
