MCNEX Co., Ltd (KOSE:A097520) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, pursuant to a contract with Meritz Securities. The purpose of the program is to stabilize stock price and improve the shareholder value.

The program will expire on October 10, 2024. As of July 7, 2024, the company had 510,000 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.