Korean Reinsurance Company (KOSE:A003690) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares. The purpose of the program is to strengthen the management rights and to stabilize stock price. The program will expire on May 27, 2020. As of February 26, 2020, the company had 8,000,0000 shares in treasury within scope available for dividend and no shares through other repurchase.