COWINTECH Co. Ltd. (KOSDAQ:A282880) announces a share repurchase program. Under the program, the company will up to KRW 5,000 million worth of its shares pursuant to a trust contract with Yuanta Securities. The purpose of the program is to improve shareholder value by stabilizing the stock price. The program will expire on September 17, 2020. As of March 17, 2020, the company had 196,400 shares in treasury within scope available for dividend and no shares through other repurchase.