TES Co., Ltd (KOSDAQ:A095610) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million wroth of its common stock, pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the program is to stabilize the stock prices and enhance the shareholders' value. The program will end on January 18, 2023.

As of July 18, 2022, the company had 1,792,536 shares in treasury within the scope available for dividend and 2,464 shares in treasury through other repurchase.