Shinsung ST Co., Ltd. (KOSDAQ:A416180) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its shares pursuant to a contract with DAISHIN Securities Co., Ltd. The purpose of the share repurchase is to stabilize stock price and to improve shareholder value. The repurchase program will be valid till January 22, 2025.

As of January 22, 2023, the company had 40,897 shares within scope available for dividend and had no shares in treasury through other repurchase.