Daelim Paper Co.,Ltd. (KOSDAQ:A017650) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, pursuant to a trust contract with NH Investment & Securities. The purpose of the program is to enhance the shareholder value and to stabilize the stock price.
The program will expire on September 30, 2022. As of June 29, 2022, the company had 100,000 shares in treasury within scope available for dividend and had 0 shares in treasury under other capacities.