ELP Corporation (KOSDAQ:A063760) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its shares pursuant to a trust agreement with Korea Investment & Securities. The purpose of the program is to improve shareholder value and to stabilize stock price.

The repurchase program is valid till November 8, 2024. As of May 7, 2024, the company had 495,870 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.