Youngone Corporation (KOSE:A111770) announces a share repurchase program. Under the program, the company will repurchase up to KRW 50,000 million worth of its shares, pursuant to a contract with Shinhan Securities Co., Ltd. The purpose of the program is to stabilize stock price through shareholder value improvement. The program will expire on December 10, 2024.

As of June 9, 2024, the company had 445,118 shares in treasury within scope available for dividend and had 289 shares in treasury under other capacities.