CHOSUN WELDING POHANG Co., Ltd (KOSE:A120030) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of shares pursuant to a trust contract with Samsung Securities co., Ltd. The purpose of the share repurchase program is to enhance shareholder value and to stabilize stock prices. The share repurchase program is valid until October 26, 2022.

As October 26, 2021, the company had 227,087 shares in treasury within scope available for dividend and had 130 shares in treasury through other repurchase.