Daekyo Co., Ltd. (KOSE:A019680) announces a share repurchase program. Under the program, the company will repurchase up to KRW 13,000 million worth of its shares under the contract with Mirae Asset Daewoo Co., Ltd. The purpose of the program is to enhance shareholders value through stabilizing stock price. The repurchase program will expire on October 29, 2021. As of October 25, 2020, the company had 15,542,114 shares in treasury under the dividend capacity and no shares in treasury under other buyback.