MODETOUR NETWORK Inc. (KOSDAQ:A080160) 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 contract with Mirae Asset Daewoo Securities Co. Ltd. The purpose of the program is to improve shareholder value and to stabilize the stock price.

The plan will be valid up to April 3, 2025. As of April 3, 2024, the company had 1,245,599 shares in treasury within scope available for dividend and 3,322 shares in treasury through other repurchase.