Tranche Update on Shinhwa Contech Co., Ltd's Equity Buyback Plan announced on November 15, 2018.
February 19, 2019 at 02:09 am
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From November 15, 2018 to December 31, 2018, the company has repurchased 130,504 shares, representing 1.31% for KRW 386.42 million. With this, the company has completed the repurchase of 130,504 shares, representing 1.31% for KRW 386.42 million under the buyback announced on November 15, 2018.
Shin Hwa Contech Co., Ltd. is a Korea-based company engaged in the manufacture of electronic connectors. The Companyâs products consist of connectors used for mobile applications, such as micro (universal serial bus) USB 2.0 sockets, micro USB 3.0 sockets, micro USB 3.0 plugs, board to board connectors, subscriber identification module (SIM) connectors and others; connectors used for hard disk drives (HDDs), such spindle motors, head stacks and others, and connectors used for displays, such as low-voltage differential signaling (LVDS) series, wire to board series, wafers, light emitting diode (LED) bar connectors and others.