Koh Young Technology Inc. (KOSDAQ:A098460) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 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 January 25, 2023. As of July 25, 2022, the company had 1,630,441 and 0 treasury stock holdings within the scope of allotment Acquisition Co., Ltd. and Other Acquisition Co., Ltd., respectively.