Telcoware Co.,Ltd. (KOSE:A078000) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to an agreement with DAISHIN Securities Co., Ltd. The purpose of the program is enhancing shareholder value (stock cancellation). The program is valid till April 9, 2024.

As of October 9, 2023, the company had 4,076,074 shares in treasury within the possible dividend range for acquisition and no shares for other acquisition.