FILA Holdings Corporation (KOSE:A081660) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its own shares pursuant to a contract with Hana Securities. The purpose behind the program is to improve shareholder value and to stabilize stock price.

The repurchase program will expire on September 20, 2024. As of March 19, 2024, the company had 656,383 treasury shares within scope available for dividend and no shares in treasury through other repurchase.