YIK Corporation (KOSDAQ:A232140) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its shares in accordance to a contract with Samsung Securities Co., Ltd. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on January 16, 2023.

As of July 13, 2022, the company had 242,130 shares in treasury within the range available for dividends and 0 shares in treasury through other acquisition.