Sambo Corrugated Board Co., Ltd. (KOSDAQ:A023600) announces a share repurchase program. Under the program, the company will repurchase up to 120,000 shares, pursuant to a contract with KB Securities Co., Ltd. The purpose of the program is to stabilize stock price and improve the shareholder value. The program will expire on October 10, 2024.

As of July 9, 2024, the company had 373,000 shares in treasury within scope available for dividend and had 1,598 shares in treasury under other acquisitions.