Peptron, Inc. (KOSDAQ:A087010) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares, pursuant to a trust contract with Shinhan Investment & Securities. The purpose of the program is to stabilize stock price and uplift shareholder value.

The program will expire on October 4, 2023. As of April 4, 2023, the company had no shares in treasury within scope available for dividend and under other acquisitions.