NOVATECH Co., Ltd. (KOSDAQ:A285490) announces a share repurchase program. Under the program, the company will repurchase up to 275,000 shares. The purpose of the program is stock price stabilization and shareholder value enhancement.

The program will be valid until January 12, 2023. As of October 11, 2022, the company had 400,000 shares in treasury under the dividend capacity and 3,918 shares in treasury under other capacities.