Daidong Electronics Co. Ltd. (KOSE:A008110) announces a share repurchase program. Under the program, the company will repurchase up to 800,000 shares.

The purpose of the program is to improve shareholder value and to stabilize stock price. The repurchase program is valid till November 6, 2023. As of August 3, 2023, the company had 2,320,000 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.