TOP MATERIAL Co., Ltd (KOSDAQ:A360070) announces a share repurchase program. Under the program, the company will repurchase up to KRW 4,000 million worth of its common stock, pursuant to a trust contract with Samsung Securities. The purpose of the program is to improve shareholder value and stabilize stock prices.

The program will expire on November 1, 2024. As of April 24, 2024, the company had 8,636 shares in treasury within the scope available for dividend and had no shares in treasury through other repurchases.