Dongnam Chemical Co., LTD. (KOSE:A023450) announces a share repurchase program. Under the program, the company will repurchase up to 25,000 shares, pursuant to a trust contract with NH Investment & Securities. The purpose of the program is to stabilize stock price.

The program will expire on January 16, 2023. As of October 13, 2022, the company had 75,000 shares in treasury within scope available for dividend and had 0 shares in treasury under other acquisitions.