Sungho Electronics Corp. (KOSDAQ:A043260) announces a share repurchase program. Under the program, the company will repurchase up to 298,507 shares.

The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on March 7, 2023. As of December 6, 2022, the company had 3,789,602 and no treasury stock holdings in acquisition within the scope of allotment and through other acquisition, respectively.