SK Networks Company Limited (KOSE:A001740) announces a share repurchase program. Under the program, the company will repurchase up to 22,000,000 shares pursuant to a contract with SK Securities Co., Ltd. and MERITZ Securities Co., Ltd. The purpose of the program is to enhance the shareholder value through stabilizing the stock prices. The program will expire on June 4, 2020. As of March 3, 2020, the company had 7,622,000 shares in treasury within scope available for dividend and had 9,946 shares in treasury through other repurchase.