Meritz Financial Group Inc. (KOSE:A138040) announces a share repurchase program. Under the program, the company will repurchase up to KRW 500,000 million worth of its shares. The purpose of the program is to enhance shareholder value.

The program will expire on March 21, 2025. As of September 20, 2023, the company had 12,652,000 shares in treasury within the scope available for dividend and had 2,421,093 shares in treasury through other repurchase.