Lock&Lock Co., Ltd. (KOSE:A115390) announces a share repurchase program. Under the program, the company will repurchase up to KRW 15,000 million worth of own shares pursuant to a trust agreement with Shinhan Investment Co., Ltd. The purpose of the share repurchase is to increase shareholder value. The program will continue until May 24, 2022.

As of November 22, 2021, the company had 1,457,224 shares in treasury under the dividend capacity and no shares in treasury under other capacities.