Soosan Industries Co., Ltd. (KOSE:A126720) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares pursuant to a trust agreement with NH investments Securities Co., Ltd. The purpose behind the program is to stabilize the stock price and to enhance shareholder value. The program will continue until August 14, 2024.

As of February 6, 2024, the company no shares in treasury through buyback within dividend capacity or through other acquisitions.