Doosan Bobcat Inc. (KOSE:A241560) announces a share repurchase program. Under the program, the company will repurchase up to 63,373 shares. The repurchased shares will be used as performance compensation for key executives.

The program will expire on March 31, 2023. As of March 1, 2023, the company had 33,117 shares in treasury with in the scope available for dividend and no shares in treasury through other repurchase.