Daesung Energy Co., Ltd. (KOSE:A117580) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares pursuant to a contract with KB Securities Co., Ltd. The purpose of the program is to maintain price stability and increase the shareholder value. The program will expire on August 13, 2023.

As of February 12, 2023, the company had 305,454 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.