New Power Plasma Co.,Ltd announces an Equity Buyback for 83,857 shares, for KRW 2,000 million.
May 17, 2018 at 09:02 am
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New Power Plasma Co.,Ltd (KOSDAQ:A144960) announces a share repurchase program. Under the program, the company will repurchase up to 83,857 common shares for KRW 2,000 million. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on August 17, 2018. As of May 17, 2018, the company has 29,698 shares in treasury within scope available for dividend and no shares in treasury under other capacities.
New Power Plasma Co.,Ltd . is a Korea-based company mainly engaged in manufacture of remote plasma generators (RPGs). The Company's products mainly consist of remote plasma generators, which are used for cleansing deposition chamber of semiconductors, radiofrequency generators, which are used for generation of plasma, matchers, which are used for delivering power from radiofrequency generators to the process chambers. The Company distributes its products within domestic market and to overseas markets including China and Taiwan.