JB Financial Group Co., Ltd. (KOSE:A175330) announces a share repurchase program. Under the program, the company will repurchase up to KRW 30,000 million worth of its shares pursuant to a trust agreement with Mirae Asset Securities Co., Ltd. The purpose behind the program is to stabilize the stock price and to enhance shareholder value. The program will continue until January 26, 2024.

As of July 25, 2023, the company had 2,592,378 common shares in treasury through buyback within dividend capacity and 46,441 shares in treasury through other acquisitions.