Orange Life Insurance, Ltd. (KOSE:A079440) announces a share repurchase program. Under the program, the company will repurchase shares up to KRW 50,000 million worth of its shares under the contract with Samsung Securities Co.,Ltd. The purpose of the program is to enhance shareholders' value. The program will be valid until August 12, 2019. As of February 11, 2019, the company had no shares in treasury under the dividend capacity and no shares in treasury under other capacities.