ABOV Semiconductor Co., Ltd. (KOSDAQ:A102120) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its own shares pursuant to a contract with Korea Investment & Securities Co., Ltd. The purpose behind the program is to enhance shareholder value. The repurchase program will expire on October 17, 2022.

As of April 13, 2022, the company had 908,835 treasury shares within scope available for dividend and 2 shares in treasury through other repurchase.