Amorepacific Corporation (KOSE:A090430) announces a share repurchase program. Under the program, the company will repurchase up to 85,471 shares. The purpose of the program is employee performance compensation and long-term employee reward.

The program will be valid until January 30, 2024. As of October 29, 2023, the company had 21,751 shares in treasury under the dividend capacity and no shares in treasury under other capacities.