KD Chem Co., Ltd. (KOSDAQ:A221980) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its shares, pursuant to a contract with Samsung Securities Co., Ltd. The purpose of the program is to enhance shareholder value through stabilizing stock prices. The program will expire on October 15, 2024.

As of April 15, 2024, the company had 211,834 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.