Hwasung Industrial Co., Ltd. (KOSE:A002460) announces a share repurchase program. Under the program, the company will repurchase up to 3,764,706 shares. The purpose behind the program is to enhance shareholder value.

The program will expire on June 22, 2022. As of March 21, 2022, the company had 316,197 shares in directly owned treasury stock and 24,441 treasury stock under trust agreement.