FreeMs Corporation (KOSDAQ:A053160) announces a share repurchase program. Under the program, the company will repurchase up to 291,000 common shares. The purpose of share repurchase is to stabilize stock price and enhancement of shareholder value.

The repurchase program will continue until June 3, 2023. As of March 2, 2023, the company had 603,966 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.