WISE iTech Co., Ltd. (KOSDAQ:A065370) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its own shares pursuant to a contract with Daishin Securities Co., Ltd. The purpose of share repurchase is to improve shareholder value and to stabilize stock price. The repurchase program will expire on April 26, 2023.

As of October 26, 2022, the company had 420,840 shares within scope available for dividend and 753 shares in treasury through other repurchase.