Dongnam Chemical Co., LTD. (KOSE:A023450) announces a share repurchase program. Under the program, the company will repurchase up to 25,000 shares. The purpose of the program is to stabilize the stock price.

The program is valid till November 7, 2022. As of August 4, 2022, the company had 50,000 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.