Sejong Telecom, Inc. (KOSDAQ:A036630) announces a share repurchase program. Under the program, the company will repurchase up to 27,810,020 shares. The purpose of the program is to enhance shareholder value through stock price stabilization.

The program will expire on November 18, 2022. As of August 17, 2022, the company had no shares in treasury and 26,917 common stock in treasury through other repurchase.