Tranche Update on JVM Co., Ltd's Equity Buyback Plan announced on December 11, 2018.
February 11, 2019 at 06:57 am
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From January 1, 2019 to February 1, 2019, the company has repurchased 73,789 shares, representing 1.23% for KRW 2,432.95 million. With this, the company has completed the repurchase of 171,821 shares, representing 2.86% for KRW 5,553.86 million under the buyback announced on December 11, 2018.
JVM CO., LTD is a Korea-based company engaged in the manufacture of pharmacy automation systems. The Company mainly provides automatic tablet dispensing and packaging systems (ATDPSs), an automatic tablet classification and packing machine, which includes slide type, box type and drum type. In addition, the Company provides total safety solutions, automatic medication vision inspection systems (VIZENs), automatic package cutting and winding systems (WIZERs), automatic medication sorting and control systems (AccuPharm) and others. The Companyâs products are under the brand name of JVM. It distributes its products within domestic market and to overseas markets.