Tranche Update on Lutronic Corporation's Equity Buyback Plan announced on March 23, 2020.
March 26, 2021 at 08:31 am
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From April 1, 2020 to March 23, 2021, the company has repurchased 0 shares, representing 0% for KRW 0 million. With this, the company has completed the repurchase of 452,500 shares, representing 1.79% for KRW 2,398.06 million under the buyback announced on March 23, 2020.
Lutronic Corporation is a Korea-based company primarily engaged in the manufacture and distribution of medical lasers. Its products are mainly used for skin treatments including melisma, tattoo and soft tissue incision removal, wrinkles reduction, body and face contouring. The Company offers its medical lacers under the brand names of CLARITY, ACCUSCULPT II, eCO2, MOSAIC HP, SPECTRA and others. In addition, it sells facial lotion to clients. The Company distributes its products within domestic market and to overseas markets.