Byucksan Corporation (KOSE:A007210) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares pursuant to a contract with Shinhan Securities Co., Ltd. The purpose of the program is to enhance shareholder value and to stabilize stock price. The program will expire on January 22, 2024.

As of July 20, 2023, the company had 10,341,914 shares in treasury within scope available for dividend and had 1,548,683 shares in treasury through other repurchases.