Smac Co. Ltd. (KOSDAQ:A097780) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its common stock, pursuant to a contract with Hana Financial Investment Co., Ltd. The purpose of the program is to stabilize the stock prices and enhance the shareholders' value.

The program will end on September 15, 2022. As of March 14, 2022, the company had 750,000 shares in treasury within the scope available for dividend and 9,296 shares in treasury through other repurchase.