Development Advance Solution Co., Ltd. (KOSE:A058730) announces a share repurchase program. Under the program, the company will repurchase shares up to KRW 2,000 million worth of its shares under the contract with Mirae Asset Securities Co., Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will be valid until July 18, 2022.

As of January 16, 2022, the company had 535,779 shares in treasury under the dividend capacity and no shares in treasury under other buyback.