Shinjin Sm Co.,Ltd. (KOSDAQ:A138070) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its shares according to the contract with Korea Investment & Securities. The purpose of the program is stock price stability and shareholder value enhancement.

The program will expire on April 30, 2023. As of October 31, 2022, the company had 441,162 and 0 treasury stock holdings in acquisition within the scope of allotment and through other acquisition, respectively.