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 NH Investment & Securities. The purpose of the program is to stabilize stock price and enhance shareholder value.

The program will expire on September 23, 2024. As of March 20, 2024, the company had 708,457 shares in treasury within scope available for dividend and had 10 shares in treasury under other acquisitions.