Seobu T&D Co., Ltd. (KOSDAQ:A006730) announces a share repurchase program. Under the program, the company will repurchase up to 696,379 shares. The purpose behind the program is to improve shareholder value through stock price stabilization.

The repurchase program will expire on January 9, 2024. As of October 5, 2023, the company had 2,204,944 treasury shares within scope available for dividend and no shares in treasury through other repurchase.