Korea Information & Communications Co., Ltd. (KOSDAQ:A025770) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares according to the contract with KB Securities CO., LTD. The purpose of the program is to treasury stock price stabilization. The program will expire on July 29, 2024.

As of June 26, 2023, the company had 1,464,441 and 0 treasury stock holdings within the scope of allotment Acquisition Co., Ltd. and Other Acquisition Co., Ltd., respectively.