HIMS Co.,Ltd. announces an Equity Buyback for 138,889 shares.
July 25, 2022 at 09:23 am
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HIMS Co.,Ltd. (KOSDAQ:A238490) announces a share repurchase program. Under the program, the company will repurchase up to 138,889 shares of common stock. The purpose of the buyback is to increase shareholder value by stabilizing stock price.
The plan will be valid till October 25, 2022. As of July 24, 2022, the company had 113,637 shares in treasury within scope available for dividend and 0 shares 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 its business through three segments. The OLED Equipment segment mainly provides OLED mask tensioner, gap long side tensioner, manual repair machine, measuring and inspection instrument. The Non-OLED Equipment segment mainly provides display infrared ray (IR) filter inspector, semiconductor pellicle inspector and blood sugar inspector. The Other segment mainly 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.