KC Co., Ltd. announces an Equity Buyback for KRW 5,000 million worth of its shares.
November 06, 2019 at 03:20 am EST
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KC Co., Ltd. (KOSE:A029460) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on November 7, 2020. As of November 5, 2019, the company had 1,103,163 shares in treasury within scope available for dividend and had 7,032 shares in treasury through other repurchase.
KC CO., LTD., formerly K.C.Tech CO., LTD. is a Korea-based company mainly engaged in the manufacture and sales of production equipment for semiconductors and displays. The Companyâs products consist of chemical mechanical planarization (CMP) equipment for semiconductors, atomic layer deposition (ALD) systems, spinless coaters, track systems, 300 millimeter wet stations, wet stations for flat panel displays (FPDs), gas supply systems, ceria slurries and others. Through its subsidiaries, it also engages in the design, construction and manufacture of facilities for semiconductor and other industries. The Company distributes its products within domestic market and to overseas markets, including Mainland China, Taiwan and others.
KC CO., LTD. 
