PN Poong Nyun Co., Ltd. (KOSDAQ:A024940) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on June 17, 2020. As of March 16, 2020, the company had 601,320 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.