IDIS Holdings Co., Ltd. (KOSDAQ:A054800) announces a share repurchase program. Under the program, the company will repurchase up to 251,047 shares. The purpose of the share repurchase is stock price stability and shareholder value enhancement.

The repurchase program will expire on August 11, 2022. As of May 10, 2022, the company had 1,080,164 shares within scope available for dividend and had no shares in treasury through other repurchase.