Tranche Update on iA, Inc.'s Equity Buyback Plan announced on May 8, 2023.
July 27, 2023 at 08:27 pm EDT
Share
From July 1, 2023 to July 27, 2023, the company has repurchased 858,781 shares, representing 0.3% for KRW 476.28 million. With this, the company has completed the repurchase of 2,000,000 shares, representing 0.69% for KRW 1,173.61 million under the buyback announced on May 8, 2023.
iA, Inc is a Korea-based company principally engaged in the design and manufacture of semiconductors. The Company operates two business divisions: semiconductor and system. Its semiconductor division provides application specific integrated circuits (ASICs) such as network chips, mobile television (TV) chips, camera chips, three dimensional (3D) chips, digital video record (DVR) chips, voice processing chips and others, as well as semiconductors such as video and sound chips used for broadcasting, communication and automobiles. Its system division provides Internet phones including voice over IP (VoIP) and multimedia over IP (MoIP) devices. Through its subsidiary, it also involves in the software outsourcing business. On April 16, 2013, the Company changed its name to iA, Inc., from C&S Technology Inc.
IA, INC. 
