Tranche Update on TOP Engineering Co., Ltd's Equity Buyback Plan announced on November 27, 2019.
February 28, 2020 at 12:34 am EST
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From November 27, 2019 to February 27, 2020, the company has repurchased 181,464 shares, representing 1.23% for KRW 1,708.5 million. With this, the company has completed the repurchase of 181,464 shares, representing 1.23% for KRW 1,708.5 million under the buyback announced on November 27, 2019.
Top Engineering Co., Ltd. is a Korea-based company engaged in the manufacture of semiconductor and display equipment. It provides liquid crystal display (LCD) equipment including liquid crystal (LC) dispensers, sealant (SEAL) dispensers, gas cutting systems (GCSs), array testers, in-line systems and wet cleaning equipment; light emitting diode (LED) equipment including inductively coupled plasma (ICP) etchers, low temperature plasma chemical vapor depositions (CVDs) and LED dispensers; semiconductor equipment including flip chip bonders, potting systems and marking systems; organic light emitting diode (OLED) equipment, such as OLED seal dispensers, and central chemical supply systems. On December 12, 2013, it sold a certain shares of IM Tech Inc. On March 5, 2014, it merged with a wholly owned subsidiary, engaged in the manufacture and distribution of displayer and semiconductor testers.