Tranche Update on Shinsung Delta Tech Co.,Ltd.'s Equity Buyback Plan announced on June 20, 2018.
September 20, 2018 at 10:01 pm EDT
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From June 20, 2018 to June 30, 2018, the company has repurchased 53,838 shares, representing 0.24% for KRW 218.45 million. With this, the company has completed the repurchase of 53,838 shares, representing 0.24% for KRW 218.45 million under the buyback announced on June 20, 2018.
SHINSUNG DELTA TECH CO.,LTD. is a Korea-based company engaged in the manufacture of mold products. The Company operates in three divisions: home appliance, information technology (IT) and automobile. The home appliance division provides washing machine parts such as control panel assemblies, drum motor assemblies, outer tub assemblies, top cover assemblies, front panel assemblies and others, as well as air conditioner parts such as front grille assemblies, front panel assemblies, propeller fan assemblies and others. The IT division provides mobile phone parts such as sub window in-mold products, main window sheets and others, as well as liquid crystal display (LCD) parts such as light guide panels. The automobile division offers engine parts, interior and exterior parts, air conditioner parts, and electronics parts for automobiles. Its main client is LG Electronics.