Jin Yang Pharmaceutical Co., Ltd. (KOSDAQ:A007370) announces a share repurchase program. Under the program, the company will repurchase up to 161,813 shares. The purpose of the program is stock price stability and shareholder value enhancement.

The program will expire on November 21, 2022. As of August 18, 2022, the company had 903,595 and 0 treasury stock holdings in acquisition within the range of dividends available and others, respectively.