Sungho Electronics Corp. (KOSDAQ:A043260) announces a share repurchase program. Under the program, the company will repurchase up to 387,596 shares.

The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on March 23, 2023. As of December 22, 2022, the company had 4,088,109 and no treasury stock holdings in acquisition within the scope of allotment and through other acquisition, respectively.