SamYoung Chemical Co.,Ltd (KOSE:A003720) announces a share repurchase program. Under the program, the company will repurchase up to 974,000 shares. The purpose of the program is to improve shareholder value and to stabilize stock price.

The program will expire on June 14, 2023. As of March 12, 2023, the company had 12,260 shares in treasury under the dividend capacity and no shares in treasury under other capacities.