REFINE Co., Ltd. (KOSDAQ:A377450) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant the contract with KB Securities. The purpose of the program is to stabilize stock prices and to enhance shareholder value.

The program will expire on July 25, 2022. As of January 24, 2022, the company had 658,588 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.