Development Advance Solution Co., Ltd. (KOSE:A058730) announces a share repurchase program. Under the program, the company will repurchase shares up to KRW 3,000 million worth of its shares under the contract with Korea Investment & Securities Co., Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will be valid until November 8, 2023.

As of May 8, 2023, the company had 591,711 shares in treasury under the dividend capacity and no shares in treasury under other buyback.