Parade Technologies, Ltd. announces an Equity Buyback for 1,100,000 shares, representing 1.36% for TWD 19,347.48 million.
July 02, 2024 at 02:37 am EDT
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Parade Technologies, Ltd. (TPEX:4966) announces a share repurchase program. Under the program, the company will repurchase up to 1,100,000 shares, representing 1.36% of its issued share capital, for a total purchase price of TWD 19,347.48 million. The repurchases will be made within the price range from TWD 573 to TWD 1,285 per share.
The repurchased shares will be transferred to the employees. The program will expire on September 2, 2024. As of July 2, 2024, the company has 756,734 shares in treasury.
Parade Technologies, Ltd. is a Cayman Islands-based supplier of mixed-signal integrated circuits (ICs) for a variety of display and high-speed interface standards used in computers, consumer electronics and display panels. The Companyâs products include High Speed Interface ICs, Display and Touch Integrated System ICs, TrueTouch ICs and Automotive ICs. High Speed Interface ICs include PCI Express/SATA, USB, DisplayPort, HDMI and Protocol Converters. Display and Touch Integrated System ICs include Touch Embedded TCON, Touch Embedded Source Driver, Touch and Gate Level Shifter, Embedded DisplayPort Timing Controllers, Display Panel Source Drivers, Tcons with Embedded Source Driver and Touch, Touch & Display Driver Integrated, and Display Port LCD Monitor Controllers. TrueTouch ICs consist of TrueTouch Touchscreen Controllers. Automotive ICs consist of Display Tcons, Source Drivers, and Touch; PCI Express Interface; HDMI Interface; and DisplayPort Interface, among others.
PARADE TECHNOLOGIES, LTD. 
