DynaColor, Inc. announces an Equity Buyback for 2,000,000 shares, representing 1.95% for TWD 1,243.05 million.
March 13, 2024 at 08:26 am EDT
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DynaColor, Inc. (GTSM:5489) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 1.95% of its share capital for TWD 1,243.05 million. The shares will be repurchased in the price range between TWD 30 per share and TWD 50 per share.
The purpose of the program is to transfer shares to employees. The program will be valid till May 13, 2024. As of March 13, 2024, the company had 2,119,500 shares in treasury.
DYNACOLOR, INC. is a Taiwan-based company principally engaged in the research and development, design, manufacture and sales of safety monitoring system and related products. The Company is also engaged in the retailing of electronic materials. The Companyâs principal products include analog speed dome cameras, digital video recorders, megapixel auto focus network cameras, dual mode network video cameras, central management system (CMS), controlling keyboards, network servers, automation optical inspection system, backlight modules and panel board detection system, programmable shorting bar signal generators, flawed addressing system, television (TV) and monitor production line automation equipment, automatic white balance adjustment equipment, polyethylene (PE) film detection system and touch panel inspection system. The Company mainly operates its businesses in Taiwan, the United States of America (the USA), the Mainland China and Japan.
DYNACOLOR, INC. 
