Daesung Energy Co., Ltd. (KOSE:A117580) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares pursuant to a contract with KB Securities Co., Ltd. The purpose of the program is to maintain price stability and increase the shareholder value. The program will expire on December 2, 2021. As of May 26, 2021, the company had no shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.