Seegene, Inc. (KOSDAQ:A096530) announces a share repurchase program. Under the program, the company will repurchase up to KRW 50,000 million worth of its shares pursuant to the contract with Samsung Securities. The purpose of the program is stock price stability and shareholder value enhancement.

The program will expire on August 27, 2023. As of February 27, 2023, the company had 3,392,028 and 5,195 treasury stock holdings in acquisition within the scope of allotment and through other acquisition, respectively.