KL-Net Corp. (KOSDAQ:A039420) announces a share repurchase program. Under the program, the company will repurchase up to 1,307,200 shares. The purpose behind the program is to improve shareholder value and to stabilize stock price. The repurchase program will expire on June 27, 2020. As of March 26, 2020, the company had 2,010,786 treasury shares within scope available for dividend and no shares in treasury through other repurchase.