VINATech Co., Ltd. announces an Equity Buyback for KRW 2,000 million worth of its shares.
May 20, 2021 at 09:31 pm EDT
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VINATech Co., Ltd. (KOSDAQ:A126340) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares worth of its shares under the contract with Mirae Asset Daewoo Co., Ltd. The purpose of the program is toenhance shareholders’ value through stabilizing stock price. The program will expire on November 20, 2021. As of May 20, 2021, the company had 63,147 shares in treasury within scope available for dividend and 2,457 shares in treasury under other capacities.
VINATECH CO.,LTD is a Korea-based company mainly engaged in the production and sale of super capacitors. Super capacitors include electric double layer capacitors (EDLCs), as well as pseudo electric double layer capacitors (P-EDLCs). In addition, the Company is involved in the manufacturing and sale of membrane electrode assemblies (MEAs), deodorants, lithium lon capacitors (LICs). The Company distributes its products within the domestic market and to overseas markets, including America, China, Japan, Europe, and India.
VINA TECH CO.,LTD. 
