ShinWon Corporation (KOSE:A009270) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, pursuant to a trust contract with Mirae Asset Daewoo Securities. The purpose of the program is to stabilize stock price and enhance the value of shareholders.

The program will expire on December 28, 2022. As of September 27, 2022, the company had 19,000,000 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.