Welcron Company Limited (KOSDAQ:A065950) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares. The purpose behind the program is stock price stability and shareholder value enhancement.

The repurchase program will expire on February 10, 2022. As of November 9, 2021, the company had 500,000 treasury shares within scope available for dividend and no shares in treasury through other repurchase.