Tranche Update on Avaco Co., Ltd.'s Equity Buyback Plan announced on August 19, 2016.
February 16, 2017
Share
From October 1, 2016 to February 17, 2017, the company has repurchased 152,267 shares, representing 1.06% for KRW 896.73 million. With this, the company has completed the repurchase of 811,602 shares, representing 5.45% for KRW 4,991.76 million under the buyback announced on August 19, 2016.
AVACO CO., LTD. is a Korea-based company mainly engaged in the manufacture of flat panel display (FPD) equipment. The Companyâs products consist of conveyances, including stockers and maintenance cranes; specialized equipment, including auto claves, scribes and break systems, tab bonders and polarizer film attachment equipment, and vacuum equipment, including evaporation and coating systems, sputter systems, organic light-emitting diode (OLED) encapsulation systems, exhaust and gas filling systems and manufacture equipment for solar cells. The Company distributes its products within domestic market and to overseas markets.
AVACO CO., LTD. 
