Daehan Steel Co., Ltd. (KOSE:A084010) announces a share repurchase program. Under the program, the company will repurchase up to KRW 30,000 million worth of its shares pursuant to a contract with Samsung Securities Co., Ltd. The purpose of the share repurchase is to enhance shareholder value and stabilize stock price. The repurchase program will expire on July 25, 2022.

As of January 24, 2022, the company had 3,073,225 shares within scope available for dividend and had no shares in treasury through other repurchase.