MEKICS CO., Ltd (KOSDAQ:A058110) announces a share repurchase program. Under the program, the company will repurchase up to 182,000 shares. The purpose of the program is to increase shareholder value through stock price stabilization.

The program will expire on January 30, 2024. As of October 29, 2023, the company had 371,000 share in treasury within the scope available for dividend and no shares for other repurchases.