Tranche Update on Protec Co., Ltd.'s Equity Buyback Plan announced on July 27, 2022.
August 17, 2022 at 02:27 am EDT
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From July 27, 2022 to August 10, 2022, the company has repurchased 198,000 shares, representing 2.07% for KRW 4,986.08 million. With this, the company has completed the repurchase of 198,000 shares, representing 2.07% for KRW 4,986.08 million under the buyback announced on July 27, 2022.
PROTEC Co., Ltd. is a Korea-based company principally engaged in the manufacture of semiconductor equipment. The Company operates its business through system division and pneumatic division. Its system division provides dispensers, heat slugs and other related products, which are applied in semiconductor industries. Its pneumatic division provides precision pneumatic cylinders, cylinders, general hands, block cylinders, slide cylinders, rodless cylinders and rotary cylinders, which are applied in factory automation, semiconductor equipment and surface mounted systems. The Company distributes its products within domestic market and to overseas markets.
PROTEC CO., LTD. 
