Cntus-Sungjin Co.,Ltd (KOSDAQ:A352700) announces a share repurchase program. Under the program, the company will repurchase up to 1,194,743 shares of common stock. The purpose of the program is to enhance shareholder value and stock price stabilization.

The program will expire on January 5, 2023. As of October 4, 2022, the company had 192,958 shares in treasury within scope available for dividend and 5,135 shares in treasury under other capacities.