Robotis Co,.Ltd (KOSDAQ:A108490) announces a share repurchase program. Under the program, the company will repurchase shares for KRW 3,000 million worth of its common stock under the contract with Mirae Asset Securities. The purpose of the program is to improve shareholder value and to stabilize stock price.

The program will be valid until February 23, 2022. As of August 22, 2021, the company had 0 shares in treasury under the dividend capacity and 0 shares in treasury under other capacities.