Asia Cement Co.,Ltd. (KOSE:A183190) announces a share repurchase program. Under the program, the company will repurchase up to KRW 7,000 million worth of its shares, pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the program is to stabilize stock price and to enhance the shareholder value. The program will expire on May 7, 2024.

As of November 5, 2023, the company had 502,671 shares in treasury within scope available for dividend and had 13,270 shares in treasury under other acquisitions.