CHOSUN WELDING POHANG Co., Ltd (KOSE:A120030) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of shares pursuant to a trust contract with NH Investment & Securities. The purpose of the share repurchase program is to enhance shareholder value and to stabilize stock prices.

The share repurchase program is valid until January 4, 2025. As January 4, 2023, the company had 257,487 shares in treasury within scope available for dividend and had 130 shares in treasury through other repurchase.