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Gemtek to buy back 13 million shares

Irene Chen, Taipei; Adam Hwang, DIGITIMES Asia 0

Gemtek Technology, a Taiwan-based networking/communication equipment maker, on May 31 announced it plans to repurchase 13 million common shares at NT$40-60 (US$1.25-1.87) per share from the Taiwan Stock Exchange during June-July 2010, in a bid to increase...

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