SMCore.Inc (KOSDAQ:A007820) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares pursuant to a contract with SK Securities Co., LTD. The purpose of the program is shareholder value enhancement. The program will expire on May 24, 2023.

As of November 23, 2022, the company had 0 shares in treasury within scope available for dividend and 5 shares in treasury under other capacities.