Shin Heung Energy & Electronics Co.,Ltd. (KOSDAQ:A243840) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its own shares, pursuant to the trust contract with NH Investment & Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and increase shareholder value. The share repurchase program will continue until December 20, 2024.

As of June 17, 2024, the company had 0 shares in treasury within scope available for dividend and had 0 shares in treasury through other repurchase.