Choong Ang Vaccine Laboratory Co., Ltd. (KOSDAQ:A072020) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares. The purpose of the program is to enhance shareholder value and to stabilize stock price.

The program will expire on January 11, 2022. As of October 7, 2021, the company had 100,000 shares in treasury within scope available for dividend and had 1,313 shares in treasury through other repurchase.