Tranche Update on Shinhwa Contech Co., Ltd's Equity Buyback Plan announced on October 17, 2017.
January 17, 2018 at 06:51 am
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From October 17, 2017 to December 31, 2017, the company has repurchased 186,968 shares, representing 1.84% for KRW 998.19 million. With this, the company has completed the repurchase of 186,968 shares, representing 1.84% for KRW 998.19 million under the buyback announced on October 17, 2017.
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.