VITZROCELL Co.,Ltd. (KOSDAQ:A082920) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,600 million worth of its shares pursuant to a contract with NH Investment & Securities. The purpose of the share repurchase is to enhance shareholder value.

The repurchase program will expire on April 30, 2024. As of October 29, 2023, the company had 359,600 shares within scope available for dividend and had no shares in treasury through other repurchase.