Intops Co., Ltd. announces an Equity Buyback for KRW 3,000 million worth of its shares.
August 08, 2023 at 12:47 am EDT
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Intops Co., Ltd. (KOSDAQ:A049070) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares. The purpose of the program is to enhance shareholder value and stabilize stock prices.
The program will expire on February 8, 2024. As of August 7, 2023, the company had 1,070,811 shares in treasury within the scope available for dividend and had 0 share in treasury through other repurchases.
Intops Co., Ltd. is a Korea-based company mainly engaged in the manufacture and distribution of mobile phone components. The Company's product portfolio consists of mobile phone assemblies, such as front parts, rear parts, folder uppers, folder lowers, speakers, mikes, hinges and wires; printer assemblies, including operating panels and cases, and others, such as internal antennas for mobile phones and injection molds for printers and mobile phones. The Company distributes its products within domestic market and to overseas markets.