CTK Cosmetics Co., Ltd (KOSDAQ:A260930) announces a share repurchase program. Under the program, the company will repurchase shares for KRW 5,000 million under the contract with Daishin Securities Co., Ltd. The purpose of the program is to stabilize stock price and improve shareholder value. The program will be valid until September 11, 2020. As of March 10, 2020, the company had 468,811 shares in treasury under the dividend capacity and no shares in treasury under other capacities.