Sungho Electronics Corp. (KOSDAQ:A043260) announces a share repurchase program. Under the program, the company will repurchase up to 217,391 shares.

The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on February 3, 2023. As of November 2, 2022, the company had 3,572,211 and no treasury stock holdings in acquisition within the scope of allotment and through other acquisition, respectively.