Chong Kun Dang Holdings Corp. (KOSE:A001630) announces a share repurchase program. Under the program, the company will repurchase up to $10,000 million worth of its shares according to the contract with NH INVESTMENT & SECURITIES CO.,LTD. The purpose of the program is stock price stability and shareholder value enhancement.

The program will expire on August 11, 2023. As of August 11, 2022, the company had 121,151 and 24 treasury stock holdings in acquisition within the scope of allotment and through other acquisition, respectively.