Daejoo Electronic Materials Co., Ltd. (KOSDAQ:A078600) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares according to the contract with DAISHIN Securities Co., Ltd. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on November 19, 2022.

As of May 17, 2022, the company had 591,091 and 0 treasury stock holdings within the scope of allotment acquisition Co., Ltd. and other acquisition Co., Ltd., respectively.