Samyang Packaging Corporation (KOSE:A272550) announces a share repurchase program. Under the program, the company will repurchase up to KRW 4,000 million worth of its shares pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the share repurchase is to enhance shareholder value through shareholder-friendly policies. The repurchase program will expire on August 15, 2024.

As of February 15, 2024, the company had no shares within scope available for dividend and had no shares in treasury through other repurchase.