Kolmar Korea Holdings Co., Ltd. (KOSE:A024720) announces a share repurchase program. Under the program, the company will repurchase up to KRW 20,000 million worth of its shares, pursuant to a contract with Shinhan Investment & Securities Co., Ltd. The purpose of the program is to stock price stability and shareholder value improvement. The program will expire on June 7, 2024.

As of November 21, 2023, the company had no shares in treasury within scope available for dividend and under other acquisitions.