RS Automation Co.,Ltd. (KOSDAQ:A140670) announces a share repurchase program. Under the program, the company will repurchase up to 14,000 shares of its common stock. The purpose of the program is to increase shareholder value through stock price stabilization and raise funds for employee compensation.

The program is valid till July 29, 2022. As of June 20, 2022, the company had 82,656 shares in treasury within the scope available for dividend and no shares in treasury through other repurchases.