Osstem Implant Co., Ltd. (KOSDAQ:A048260) announces a share repurchase program. Under the program, the company will repurchase up to KRW 30,000 million worth of its shares pursuant to a contract with Samsung Securities Co., Ltd., Mirae Asset Securities Co.,Ltd. and SK Securities Co.,Ltd. The purpose of the program is to increase shareholders value and price stability. The program will expire on October 26, 2022.

As of April 26, 2022, the company had 675,561 shares in treasury within the allowable range and no shares in treasury through other acquisition.