Innodep Inc. (KOSDAQ:A303530) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares, pursuant to a trust contract with Hana Financial Investment. The purpose of the program is to enhance the shareholder value and to stabilize the stock price.

The program will expire on January 2, 2023. As of June 30, 2022, the company had 0 shares in treasury within the scope of allotment and had 5,000 shares in treasury under other acquisitions.