Genolution Inc. (KOSDAQ:A225220) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares pursuant to a contract with NH Investment & Securities. The purpose of the program is to improve shareholder value and stabilize stock price.

The program will expire on May 23, 2022. As of November 22, 2021, the company had 188,370 shares in treasury within scope available for dividend and 0 shares in treasury through other repurchases.