Woongjin Co., Ltd. (KOSE:A016880) 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 NH Investment & Securities Co., Ltd. The purpose of the program is to stabilize stock price through shareholder value upliftment. The program will expire on June 15, 2023.

As of December 14, 2022, the company had no shares in treasury within scope available for dividend and had 215,870 shares in treasury under other acquisitions.