HDC I-Controls Co., Ltd. (KOSE:A039570) announces a share repurchase program. Under the program, the company will repurchase up to 1,170,000 shares. The purpose of the program is stock price stabilization and shareholder value enhancement.

The program will expire on April 19, 2022. As of January 18, 2022, the company had 2,015,705 and 0 treasury stock acquisition within the scope of dividend available and other acquisitions, respectively.