Daekyo Co., Ltd. (KOSE:A019680) 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 contract with NH Investment & Securities Co., Ltd. The purpose of the program is to enhance the shareholder value through stabilization of stock price. The program will expire on October 31, 2023.

As of October 30, 2022, the company had 16,248,604 shares in treasury within scope available for dividend and had no shares in treasury under other acquisitions.