SurplusGLOBAL, Inc. (KOSDAQ:A140070) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its common stock, pursuant to a contract with Daishin Securities co., Ltd. The purpose of the program is to stabilize the stock prices and enhance the shareholders? value.

The program will end on April 30, 2024. As of October 30, 2023, the company had 2,264,253 shares in treasury within the scope available for dividend and no shares in treasury through other repurchase.