Taekwang Industrial Co., Ltd. (KOSE:A003240) announces a share repurchase program. Under the program, the company will repurchase up to 1,521,190 shares for KRW 299,999.96 million. The purpose of the plan is to acquisition and disposable trading opportunities.

The repurchase program will continue until December 27, 2022. As of November 23, 2022, the company had 1,429,330 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.