Manho Rope & Wire Co., Ltd. (KOSE:A001080) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,500 million worth of its shares, pursuant to a contract with Korea Investment & Securities Co., Ltd. The purpose of the program is stability of stock price and raising of shareholder value. The program will expire on September 25, 2027.

As of September 15, 2022, the company had 1,256,953 shares in treasury within scope available for dividend and had 190 shares in treasury under other capacities.