Namyang Dairy Products Co., Ltd (KOSE:A003920) 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 NH INVESTMENT & SECURITIES CO., LTD. The purpose of the share repurchase is to enhance shareholder value. The repurchase program will expire on December 24, 2024.

As of June 23, 2024, the company had 40,269 shares within scope available for dividend and had 19 shares in treasury through other repurchase.