Asia Paper Manufacturing.Co.,Ltd (KOSE:A002310) announces a share repurchase program. Under the program, the company will repurchase up to KRW 15,000 worth of its shares pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the program is to enhance shareholder value and to stabilize stock price. The program will expire on January 16, 2024.

As of July 16, 2023, the company had 142,978 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.