Koh Young Technology Inc. (KOSDAQ:A098460) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares, pursuant to a contract with Korea Investment & Securities Co., Ltd. The purpose of the program is to improve shareholder value, to stabilize stock price and to provide compensation to employees. The program will expire on July 18, 2022.

As of January 17, 2022, the company had 1,054,390 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.