Aekyung Industrial Co., Ltd. (KOSE:A018250) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares, pursuant to a trust contract with Samsung Securities Co., Ltd. The purpose of the program is to stabilize stock price and enhance shareholder value. The program will expire on August 22, 2023.

As of February 21, 2023, the company had 200,000 shares in treasury within scope available for dividend and had 10 shares in treasury under other acquisitions.