YoungWoo DSP Co.,Ltd announces an Equity Buyback for KRW 2,000 million worth of its shares.
June 20, 2022 at 10:03 pm EDT
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YoungWoo DSP Co.,Ltd (KOSDAQ:A143540) announces a share repurchase program. Under the program, the company will repurchase up to ¥2,000 million worth of its shares pursuant to a trust agreement with Shinhan Investment Corp. The purpose behind the program is to enhance shareholder value through stock price stabilization and increase efficiency of fund management.
The program will continue until June 21, 2023. As of June 20, 2022, the company had no shares in treasury through buyback within dividend capacity and no shares in treasury through other acquisitions.
YoungWoo DSP Co.,Ltd. is a Korea-based company principally engaged in the display equipment. The Companyâs main products portfolio consists of organic light emitting diode (OLED)/liquid crystal display (LCD) equipment including OLED automatic visual testers, LCD automatic visual testers, LCD automatic module testers, OLED automatic final testers and others, LCD television (TV) display testing equipment, LED applicators, as well as LCD/OLED laser repair equipment, among others. It mainly distributes its products within domestic market.
YOUNGWOO DSP CO.,LTD 
