Tranche Update on Protec Co., Ltd.'s Equity Buyback Plan announced on March 19, 2020.
May 18, 2020 at 08:52 am
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From March 19, 2020 to May 18, 2020, the company has repurchased 374,370 shares, representing 3.62% for KRW 4,750.39 million. With this, the company has completed the repurchase of 374,370 shares, representing 3.62% for KRW 4,750.39 million under the buyback announced on March 19, 2020.
PROTEC Co., Ltd. is a Korea-based company principally engaged in the manufacture of semiconductor equipment. The Company operates its business through system division and pneumatic division. Its system division provides dispensers, heat slugs and other related products, which are applied in semiconductor industries. Its pneumatic division provides precision pneumatic cylinders, cylinders, general hands, block cylinders, slide cylinders, rodless cylinders and rotary cylinders, which are applied in factory automation, semiconductor equipment and surface mounted systems. The Company distributes its products within domestic market and to overseas markets.
PROTEC CO., LTD. 
