Meritz Fire & Marine Insurance Co., Ltd. (KOSE:A000060) announces a share repurchase program. Under the program, the company will repurchase up to KRW 100,000 million worth of shares, pursuant to it contract with Samsung Securities Co., Ltd. The purpose of the program is to enhance shareholders value. The program will be valid until February 20, 2023.

As of February 20, 2022, the company had 13,776,888 share in treasury under the dividend capacity and 7,064 share in treasury under other capacities.