Ecoplastic Corporation (KOSDAQ:A038110) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its own shares, pursuant to a contract with SK Securities. The purpose of the buyback is stock price stabilization.

The plan will be valid up to February 13, 2023. As of February 13, 2022, the company had 661,901 shares in treasury within scope available for dividend and 0 shares in treasury available through other repurchase.