Pyung Hwa Holdings Co., Ltd. (KOSE:A010770) 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 trust agreement with Hana Securities Co., Ltd. The purpose behind the program is to stabilize the treasury stock price. The program will continue until September 25, 2027.

As of September 21, 2022, the company has 760,530 shares in treasury through buyback within dividend capacity and 2,050 shares in treasury through other acquisitions.