HDC Hyundai Development Company (KOSE:A294870) announces a share repurchase program. Under the program, the company will repurchase up to 1,912,045 shares. The program is aimed at enhancing shareholder value through stock price stabilization.

The repurchase program is valid till June 7, 2023. As of March 5, 2023, the company had 0 shares within scope available for dividend and had 9,470 shares in treasury through other repurchase.