Solum Co., Ltd. (KOSE:A248070) 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 trust contract with Samsung Securities Co., Ltd. The purpose of the program is to stabilize stock price by uplifting shareholder value. The program will expire on November 1, 2023.

As of October 31, 2022, the company had 636,318 shares in treasury within scope available for dividend and had 0 shares in treasury under other acquisitions.