Sempio Company (KOSE:A007540) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant to a contract with Shinhan Investment Corp. The purpose of the share repurchase is stock price stabilization and shareholder value enhancement.

The repurchase program will expire on September 26, 2023. As of September 26, 2022, the company had 656,122 shares within scope available for dividend and had 2,065 shares in treasury through other repurchase.