Sebang Global Battery Co., Ltd. (KOSE:A004490) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant to a contract with Samsung Securities Co.,Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on August 21, 2022.

As of February 21, 2022, the company had 593,890 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.