Humasis Co. Ltd. (KOSDAQ:A205470) announces a share repurchase program. Under the program, the company will repurchase up to KRW 20,000 million worth of its shares pursuant to a 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 expire on March 29, 2023. As of September 29, 2022, the company had 1,849,139 shares in treasury within scope available for dividend and had 29,704 shares in treasury through other repurchase.