KTIS Corporation (KOSE:A058860) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a trust contract with KB Securities co., Ltd. The purpose of the program is to enhance the shareholder value and to stabilize the stock price. The program will expire on December 31, 2022.

As of June 29, 2022, the company had 2,350,081 shares in treasury within the scope of allotment and had 0 shares in treasury under other acquisition.