Cntus-Sungjin Co.,Ltd (KOSDAQ:A352700) announces a share repurchase program. Under the program, the company will repurchase up to 261,780 shares of common stock. The purpose of the program is to improve shareholder value and stock price stabilization.

The program will expire on February 3, 2022. As of November 2, 2021, the company had 396,400 shares in treasury within scope available for dividend and 5,135 shares in treasury under other capacities.