Hyundai Industrial Co., Ltd. (KOSDAQ:A170030) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of shares, pursuant to a contract with Shinyoung Securities. The purpose of the buyback is to stabilize the share prices and to raise shareholder value. The plan will be valid up to July 6, 2022. As on July 6, 2021, the company had 83,008 common shares in its treasury available from buyback for dividend purposes and no shares in treasury for other repurchases.