Namuga Co., Ltd. (KOSDAQ:A190510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares pursuant to a contract with SAMSUNG SECURITIES CO.,LTD. The purpose of the share repurchase is to enhance shareholder value through stabilization of stock prices. The repurchase program will expire on April 30, 2024.

As of October 29, 2023, the company had no shares within scope available for dividend and had no shares in treasury through other repurchase.