Lutronic Corporation (KOSDAQ:A085370) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its own shares pursuant to a contract with KB Securities Co., Ltd. The purpose behind the program is to improve shareholder value and to stabilize stock price. The repurchase program will expire on March 22, 2021. As of March 22, 2020, the company had 354,876 treasury shares within scope available for dividend and 724 shares in treasury through other repurchase.