COOCON Corporation (KOSDAQ:A294570) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares according to the contract with Shinhan Investment & Securities Co., Ltd. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on May 20, 2024.

As of November 16, 2023, the company had 20,850 and 18,615 treasury stock holdings in acquisition within the scope of allotment and through other acquisition, respectively.