eSang Networks Co.,Ltd (KOSDAQ:A080010) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of shares, under the contract with KB Securities Co., Ltd. The purpose of the program is to improve shareholder value through stock price stabilization. The program will be valid until May 23, 2024.

As of November 23, 2023, the company had 164,929 shares in treasury under the dividend capacity and 1,961 shares in treasury under other capacities.