Tranche Update on HB Technology CO.,LTD.'s Equity Buyback Plan announced on March 20, 2020.
June 22, 2020 at 07:48 am
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From March 20, 2020 to March 31, 2020, the company has repurchased 234,966 shares, representing 0.31% for KRW 472.34 million. With this, the company has completed the repurchase of 234,966 shares, representing 0.31% for KRW 472.34 million under the buyback announced on March 20, 2020.
HB Technology CO.,LTD., formerly NCB NETWORKS CO.,LTD., is a Korea-based company mainly engaged in the manufacture of semiconductor inspection equipment. The Companyâs products include automated optical inspection (AOI) systems, which are used for thin film transistor liquid crystal displays (TFT LCDs), organic light-emitting diodes (OLEDs) and plasma display panels (PDPs); POL inspection systems, which are mainly used for plat films of LCD displays, and bare glass inspection systems. The Companyâs customers include SAMSUNG ELECTRONICS CO,.LTD, Samsung Mobile Display Co., Ltd., Samsung Corning Precision Materials Co., Ltd., Beijing BOE Display Technology Co., Ltd., and other display and semiconductor manufacturers. On July 8, 2013, it merged with LST, a Korea-based company mainly engaged in the manufacturing and sales of display parts. After the merger, the Company survived and LST was dissolved.