Tranche Update on Protec Co., Ltd.'s Equity Buyback Plan announced on May 6, 2022.
June 02, 2022 at 03:56 am EDT
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From May 6, 2022 to May 30, 2022, the company has repurchased 420,000 shares, representing 4.3% for KRW 12,281.07 million. With this, the company has completed the repurchase of 420,000 shares, representing 4.3% for KRW 12,281.07 million under the buyback announced on May 6, 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. 
