Sungho Electronics Corp. (KOSDAQ:A043260) announces a share repurchase program. Under the program, the company will repurchase up to 212,765 shares.

The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on January 12, 2023. As of October 11, 2022, the company had 3,359,446 and 0 treasury stock holdings in acquisition within the scope of allotment and through other acquisition, respectively.