Settlebank Corporation (KOSDAQ:A234340) 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 trust contract with NH Investment & Securities Co., Ltd. The purpose of the program is to stabilize stock price and lead to corporate value enhancement. The program will expire on February 28, 2023.

As of August 30, 2022, the company had 761,660 shares in treasury within scope available for dividend and had 0 shares in treasury under other acquisition.