Kortek Corporation (KOSDAQ:A052330) announces a share repurchase program. Under the program, the company will repurchase up to 669,344 shares, pursuant to a contract with Daishin Securities. The purpose of the program is to stabilize stock price and to improve shareholder value.

The program will expire on July 2, 2024. As of April 1, 2024, the company had 1,857,696 shares in treasury within scope available for dividend and had no shares in treasury under other acquisitions.