Ritek buys back $0.25 million convertibles

By Jennifer Chiou

New York, March 8 - Ritek Corp. informed the Taiwan Stock Exchange that it bought back and canceled $0.25 million of its zero-coupon euro convertible bonds due 2009.

Ritek, a Taiwan-based optical disk, photonics and electronics company, said that $0.325 million of the bonds remain outstanding.

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