Shinhung Co., Ltd (KOSE:A004080) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares. The purpose of the share repurchase is stabilization of stock prices and compensation for employee performance.

The repurchase program will expire on August 3, 2022. As of May 2, 2022, the company had 30,701 shares within scope available for dividend and had no shares in treasury through other repurchase.