Seegene, Inc. (KOSDAQ:A096530) announces a share repurchase program. Under the program, the company will repurchase up to $50,000 million worth of its shares according to the contract with SAMSUNG SECURITIES CO., LTD. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on March 28, 2023.

As of September 27, 2022, the company had 1,791,816 and 5,195 treasury stock holdings in acquisition within the scope of allotment and through other acquisition, respectively.