Sungho Electronics Corp. (KOSDAQ:A043260) announces a share repurchase program. Under the program, the company will repurchase up to 740,740 shares.

The purpose of the program is to improve shareholder value and to stabilize stock price. The repurchase program will expire on September 23, 2022. As of June 23, 2022, the company had 1,937,951shares in treasury within the scope available for dividend and no shares in treasury through other repurchase.