COWELL FASHION Co.,Ltd (KOSDAQ:A033290) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, pursuant to a trust contract with Samsung Securities. The purpose of the program is enhancement of shareholder's value and stock price stability.

The program will expire on March 20, 2023. As of December 19, 2022, the company had 3,346,797 shares in treasury within scope available for dividend and had 234 shares in treasury under other acquisitions.