Suprema Inc. (KOSDAQ:A236200) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its shares pursuant to a contract with Samsung Securities Co., Ltd. The purpose behind the program is to improve shareholder value and to stabilize stock price. The program will expire on February 17, 2023.

As of February 16, 2022, the company had 201,335 treasury shares within scope available for dividend and no shares in treasury through other repurchase.