Mirae Asset Life Insurance Co., Ltd. (KOSE:A085620) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares for a total consideration of KRW 18,500 million. The purpose of repurchase program is to increase shareholder value shareholder value through stock price stabilization. The repurchase program will run till April 29, 2020. As of January 29, 2020, the company had 6,700,000 treasury shares within scope available for dividend and 31,840,183 treasury stock through other buyback.