Suprema HQ Inc. (KOSDAQ:A094840) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of shares pursuant to a contract with Samsung Securities Co., Ltd. The purpose of the program is to stabilize stock price and increase shareholder value. The repurchase program will continue until June 20, 2024.

As of June 20, 2023, the company had 1,070,597 shares in treasury under the dividend capacity and 4,388 shares in treasury under other capacities.