Korea Information Certificate Authority, Inc. (KOSDAQ:A053300) 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 agreement with KIWOOM SECURITIES Corp. The purpose behind the program is to stabilize the stock price and to improve shareholder value.
The program will continue until May 12, 2025. As of November 10, 2024, the company had no shares in treasury through buyback within dividend capacity and 1,369,118 shares through other acquisitions.
