Kyungbang Co.,Ltd (KOSE:A000050) announces a share repurchase program. Under the program, the company will repurchase up to 1,000 million worth of its shares pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the program is to enhance shareholder value by stabilizing stock price. The program will continue until March 10, 2023.

As of March 9, 2022, the company had 981,724 shares in treasury under the dividend capacity and no shares in treasury under other capacities.