EISO Enterprise Company., Ltd. announces an Equity Buyback for 2,000,000 shares, representing 5.98% for TWD 325.81 million.
June 27, 2016 at 11:11 am
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EISO Enterprise Company., Ltd. (GTSM:5291) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 5.98% of its common stock. The shares will be purchased within the price range of TWD 10 per share and TWD 21 per share for a total consideration of TWD 325.81 million. The program will expire on August 27, 2016.
EISO ENTERPRISE CO.,LTD is a Taiwan-based company principally engaged in the research, development, manufacture and sales of printed circuit boards (PCBs). The Company's main products include multi-layer PCBs, double-layer PCBs, heat-dissipation aluminum substrates and others. The Company's products are mainly used in personal computers, computer peripherals, satellite navigation, network communications, medical industry, power supply, industrial computers, light-emitting diode (LED) televisions (TVs), lighting applications and automobiles. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia, the Americas and Europe.