I&C Technology Co., Ltd. (KOSDAQ:A052860) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares pursuant to a contract with SAMSUNG SECURITIES. The purpose of the program is to improve shareholder value and to stabilize stock price.

The program will expire on April 8, 2025. As of April 7, 2024, the company had 552,775 shares in treasury within scope available for dividend and had no hares in treasury through other repurchase.