Sungho Electronics Corp. (KOSDAQ:A043260) announces a share repurchase program. Under the program, the company will repurchase up to 434,027 shares.

The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on July 19, 2023. As of April 17, 2023, the company had 4,475,705 and no treasury stock holdings in acquisition within the scope of allotment and through other acquisition, respectively.