Kia Corporation (KOSE:A000270) announces a share repurchase program. Under the program, the company will repurchase up to 1,652,427 shares. The shares will be repurchased for the payment of company stock in accordance with wage negotiations in 2022.

The share repurchase program is valid until November 16, 2022. As of October 24, 2022, the company had 4,056,615 shares in treasury within scope available for dividend and had 375,716 shares in treasury through other repurchase.