4by4 Inc (KOSDAQ:A389140) 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 contract with Shinhan Investment Corp. The purpose of the program is to improve shareholder value and to stabilize stock price.

The program will expire on March 27, 2023. As of September 27, 2022, the company had 0 shares in treasury within scope available for dividend and had 0 shares in treasury through other repurchase.