HFR, Inc. (KOSDAQ:A230240) announces a share repurchase program. Under the program, the company will repurchase up to KRW 4,100 million worth of its shares pursuant to a contract with Samsung Securities. The purpose of the program is to improve shareholder value and to stabilize stock price.

The program will expire on December 11, 2023. As of June 7, 2023 the company had 49,000 shares in treasury within scope available for dividend and had 1,467 shares in treasury through other repurchase.