COWELL FASHION Co.,Ltd (KOSDAQ:A033290) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, pursuant to a trust contract with Samsung Securities. The purpose of the program is to uplift the shareholder value and stabilize the stock price.

The program will expire on February 1, 2023. As of October 31, 2022, the company had 2,846,797 shares in treasury within scope available for dividend and had 234 shares in treasury under other acquisitions.