TES Co., Ltd (KOSDAQ:A095610) announces a share repurchase program. Under the program, the company will repurchase up to KRW 15,000 million wroth of its common stock, pursuant to a contract with Mirae Asset Securities Co., Ltd. The purpose of the program is to stabilize the stock prices and enhance the shareholders' value. The program will end on September 21, 2022.

As of March 21, 2022, the company had 1,239,836 shares in treasury within the scope available for dividend and 2,464 shares in treasury through other repurchase.