Wonik Ips Co., Ltd (KOSDAQ:A240810) announces a share repurchase program. Under the program, the company will repurchase up to KRW 38,000 million worth of its shares pursuant to a trust agreement with Samsung Securities Co., Ltd. The purpose behind the program is to stabilize the stock price and to enhance shareholder value. The program will continue until April 26, 2023.

As of October 25, 2022, the company has no shares in treasury through buyback within dividend capacity and 819,702 shares in treasury through other acquisitions.