GOLFZON NEWDIN HOLDINGS Co., Ltd. (KOSDAQ:A121440) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares pursuant to a contract with Shinhan Securities Co., Ltd. The purpose of repurchase program is to stabilize the stock price and enhancement of shareholder value. The repurchase program will be valid till September 15, 2023.

As on March 15, 2023, the company has no treasury stocks available for dividend scope and 77,616 treasury stocks through other acquisition.