COWINTECH Co. Ltd. (KOSDAQ:A282880) announces a share repurchase program. Under the program, the company will up to KRW 5,000 million worth of its shares pursuant to a trust contract with Yuanta Securities Korea Co., Ltd. The purpose of the program is to improve shareholder value by stabilizing the stock price. The program will expire on March 22, 2020. As of September 20, 2019, the company had 0 shares in treasury within scope available for dividend and through other repurchase.