GemVax&KAEL Co.,Ltd (KOSDAQ:A082270) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares. The purpose of the program is to stabilize stock price and increase the shareholder value.

The program will expire on July 13, 2022. As of April 12, 2022, the company had 126,758 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.