Tranche Update on Display Tech Co., Ltd.'s Equity Buyback Plan announced on December 18, 2020.
March 18, 2021 at 04:23 am EDT
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From January 1, 2021 to March 18, 2021, the company has repurchased 982,284 shares, representing 5.87% for KRW 4,385.33 million. With this, the company has completed the repurchase of 1,152,284 shares, representing 6.88% for KRW 4,860.05 million under the buyback announced on December 18, 2020.
DTC Co Ltd, formerly Display Tech Co Ltd, is a Korea-based company engaged in the development, manufacture and sale of liquid crystal display (LCD) modules for mobile phones. The Company produces small-sized display modules, color super-twist nematic (CSTN), thin film transistor (TFT) LCD modules and others, which are used for mobile phones, personal digital assistants (PDAs), moving picture experts group audio layer-3 (MP3) players, portable multimedia players (PMPs), digital cameras, camcorders and printers. The Company mainly supplies its products to mobile phone manufacturers. In addition, the Company is engaged in the manufacture and sale of sanitary products such as masks. The Company is also engaged in the real estate rental business.