DB HiTek CO., LTD. (KOSE:A000990) announces a share repurchase program. Under the program, the company will repurchase up to KRW 20,000 million worth of its shares under the contract with Samsung Securities Co., Ltd. The purpose of the program is to stabilize the stock price and to enhance the shareholders? value.

The program will be valid till November 7, 2024. As of May 6, 2024, the company had 2,332,087 common shares in treasury under the dividend capacity and 394,582 common shares in treasury under other capacities.