HD Hyundai Construction Equipment Co., LTD. (KOSE:A267270) announces a share repurchase program. Under the program, the company will repurchase up to KRW 30,300 million worth of its common stock, pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the program is to enhance shareholder value and stabilize the stock price. The program will be valid up to August 19, 2024.

As of February 5, 2024, the company had 0 shares in treasury within scope available for dividend and had 1,497,494 shares in treasury under other capacities.