Tranche Update on VITZROCELL Co.,Ltd.'s Equity Buyback Plan announced on April 9, 2021.
April 21, 2021 at 02:09 am EDT
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From April 9, 2021 to April 19, 2021, the company has repurchased 234,899 shares, representing 1.09% for KRW 3,531.39 million. With this, the company has completed the repurchase of 234,899 shares, representing 1.09% for KRW 3,531.39 million under the buyback announced on April 9, 2021.
Vitzrocell Co Ltd is a Korea-based company engaged in the manufacture and sale of lithium batteries. The Company's products include lithium thionyl chloride (Li/SOCl2) bobbin type for memory backups and digital meters; Li/SOCl2 wound type for communication equipment, asset tracking equipment and global positioning systems (GPSs); Li/SOCl2 hybrid type for radio frequency identification (RFID) devices, asset tracking equipment and digital meters; lithium-manganese dioxide (Li-MnO2) type for cameras and security devices, as well as Li-SOCl2 reserve type for military utilities such as guided weapons. The Company provides its products under the brand name of Tekcell. The Company distributes its products in domestic and overseas markets.