Koh Young Technology Inc. (KOSDAQ:A098460) announces a share repurchase program. Under the program, the company will repurchase up to KRW 20,000 million worth of its shares according to the contract with Shinhan Investment Corp. The purpose of the program is securing stock grant resources, stabilizing stock prices and enhancing shareholder value.

The program will continue through March 25, 2024. As of September 24, 2023, the company had 1,630,441 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.