INVENIA Co., Ltd. announces an Equity Buyback for KRW 500 million worth of its shares.
March 11, 2019 at 01:34 am EDT
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INVENIA Co., Ltd. (KOSDAQ:A079950) announces a share repurchase program. Under the program, the company will repurchase shares up to KRW 500 million worth of its shares under the contract with Mirae Asset Daewoo Co., Ltd. The purpose of the program is to improve shareholders' value and to stabilize stock price. The program will be valid until September 11, 2019. As of March 10, 2019, the company had 1,100,000 shares in treasury under the dividend capacity and no shares in treasury under other capacities.
INVENIA Co.,Ltd., formerly LIG INVENIA Co.,Ltd., is a Korea-based company mainly engaged in the manufacture of liquid crystal display (LCD) manufacturing equipment and inception equipment. The Company's products include LCD front-end equipment, including dry etchers and vacuum alignment system (VAS) equipment; inspection equipment, including thin film transistor (TFT) automated optical inspection (AOI) equipment, color filter (CF) AOI equipment and macro inspection systems, as well as organic light-emitting diode (OLED) and LED equipment, such as metal organic chemical vapor deposition (MOCVD) equipment. The Company distributes its products within domestic market and to overseas markets.
INVENIA CO., LTD. 
