Kortek Corporation (KOSDAQ:A052330) announces a share repurchase program. Under the program, the company will repurchase up to 566,893 shares. The purpose of the program is to enhance the shareholders' value through stock price stabilization and shareholder value enhancement.

The program will end on August 23, 2023. As of May 22, 2023, the company had 1,293,395 shares in treasury within the scope available for dividend and no shares in treasury through other repurchase.