Tranche Update on Kyungin Electronics Co., Ltd's Equity Buyback Plan announced on July 23, 2018.
October 22, 2018 at 09:21 pm EDT
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From July 23, 2018 to September 30, 2018, the company has repurchased 7,648 shares, representing 0.56% for KRW 176.33 million. With this, the company has completed the repurchase of 7,648 shares, representing 0.56% for KRW 176.33 million under the buyback announced on July 23, 2018.
KYUNG IN ELECTRONICS CO., LTD. is a Korea-based company engaged in the electronics and telecommunication business. The Companyâs products portfolio consists of switches, such as tact switches, micro switches, push switches, detector switches, slide switches and surface mount device switches used for televisions, printers and monitors; remote controllers (Remocons), such as liquid crystal display (LCD) Remocons, card Remocons and standard Remocons used for televisions, air conditionings and automobiles under the brand name Samsung, and thermostats used for microwaves, electric ovens, washers, dryers, bidets and automobiles. It also involves in the real estate leasing business. The Company distributes its products within domestic market and to overseas markets.