HANMI Semiconductor Co., Ltd. (KOSE:A042700) announces a share repurchase program. Under the program, the company will repurchase up to KRW 30,000 worth of its shares pursuant to a contract with Industrial bank of Korea. The purpose of the share repurchase is enhance shareholder value through stock price stabilization.

The repurchase program will expire on April 24, 2023. As of October 24, 2022, the company had 1,580,452 shares within scope available for dividend and had no shares in treasury through other repurchase.