ShinWon Corporation (KOSE:A009270) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares. The purpose of the program is to stabilize stock price and enhance the value of shareholders.

The program will expire on October 19, 2023. As of July 18, 2023, the company had 25,000,000 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.