Taekwang Industrial Co., Ltd. (KOSE:A003240) announces a share repurchase program. Under the program, the company will repurchase up to 1,959,142 shares. The program is aimed at disposable trading opportunities.

The repurchase program will continue until March 29, 2023. As of February 22, 2023, the company had 1,429,330 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.