Clio Cosmetics Co., Ltd. (KOSDAQ:A237880) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of shares pursuant to a contract with Samsung Securities Co., Ltd. The purpose of the share repurchase program is to improve shareholder value and to stabilize stock price. The share repurchase program is valid until September 22, 2020. As of March 22, 2020, the company has 357,359 shares in treasury within scope available for dividend and has no shares in treasury through other repurchase.