New Power Plasma Co.,Ltd (KOSDAQ:A144960) 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 trust contract with Samsung Securities. The purpose of the program is to stabilize stock price and enhance the shareholder value.

The program will expire on February 28, 2023. As of November 27, 2022, the company had 2,414,229 shares in treasury within scope available for dividend and had no shares in treasury under other acquisitions.