RS Automation Co.,Ltd. (KOSDAQ:A140670) announces a share repurchase program. Under the program, the company will repurchase up to 16,000 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 February 28, 2022. As of February 3, 2022, the company had 139,000 shares in treasury within the scope available for dividend and 1,656 shares in treasury through other repurchases.