COOCON Corporation (KOSDAQ:A294570) announces a share repurchase program. Under the program, the company will repurchase up to $3,000 million worth of its shares according to the contract with IBK Securities Co., Ltd. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on April 10, 2023.

As of October 10, 2022, the company had 0 and 18,615 treasury stock holdings in acquisition within the scope of allotment and through other acquisition, respectively.