MNtech Co., Ltd. (KOSDAQ:A095500) announces a share repurchase program. Under the program, the company will repurchase up to 708,215 shares. The purpose of the program is stock price stability and shareholder value enhancement.

The program will expire on May 10, 2022. As of February 9, 2022, the company had 4,498,183 shares in treasury within the scope available for dividend and had no shares in treasury through other repurchases.