HPSP Co., Ltd. (KOSDAQ:A403870) ) announces a share repurchase program. Under the program, the company will repurchase up to KRW 40,000 million worth of its shares pursuant to a contract with Samsung Securities Co., Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on November 13, 2024.

As of May 13, 2024, the company had 250,000 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.