NDFOS Co., Ltd. (KOSDAQ:A238090) announces a share repurchase program. Under the program, the company will repurchase up to 869,566 shares. The purpose of the share repurchase program is to improve shareholder value and to stabilize the stock price.

The share repurchase program is valid until May 28, 2024. As of February 27, 2024, the company had no shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.