HIMS Co., Ltd. announces an Equity Buyback for 102,360 shares.
January 08, 2019
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HIMS Co., Ltd. (KOSDAQ:A238490) announces a share repurchase program. Under the program, the company will repurchase up to 102,360 shares (pursuant to a contract with KB Securities Co., Ltd.). The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on April 9, 2019. As of January 8, 2019, the company had no shares in treasury within scope available for dividend and through other repurchase.
Hims Co Ltd is a Korea-based company principally engaged in the manufacture and distribution of organic light emitting diode (OLED) equipment. The Company operates three businesses. The OLED equipment business mainly provides OLED mask tensioner, gap long side tensioner, manual repair machine, measuring and inspection instrument. The non-OLED equipment business mainly provides display infrared ray (IR) filter inspector, semiconductor pellicle inspector and blood sugar inspector. The Company also provides vision modules such as tool inspector, bolt inspector, connector inspector and marking inspector, and vision parts such as cameras, industrial lighting, lighting cables and communication board.