Shindo Eng. Lab., Ltd. (KOSDAQ:A290520) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares according to a contract with Korea Investment & Securities Co., Ltd. The purpose of the program is to enhance shareholder value and stabilize stock price.

April 6, 2022, will be considered as the last date for the program. As of October 5, 2021, the company had 0 shares in treasury within the scope available for dividend and through other repurchases.