Kolmar Korea Holdings Co., Ltd. (KOSE:A024720) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,500 million worth of its shares pursuant to a contract with Shinhan Securities Co.,Ltd. The purpose of the buyback is to stabilize the share price and enhance the corporate value. The plan will be valid up to August 28, 2023.

As on February 27, 2023, the company had 97,500 shares within scope available for dividend and no shares in treasury through other repurchase.