KakaoBank Corp. (KOSE:A323410) announces a share repurchase program. Under the program, the company will repurchase its shares worth KRW 13,000 million pursuant to a contract with Shinhan Investment & Securities Co., Ltd. The purpose of the plan is to enhance shareholders value.

The plan will be valid till October 5, 2023. As of March 12, 2023, the company had no shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.