SK Networks Company Limited (KOSE:A001740) announces a share repurchase program. Under the program, the company will repurchase its shares worth KRW 100,000 million pursuant to a contract with SK Securities Co., Ltd. The purpose of the plan is to stabilize stock price and enhance shareholders value. The plan will be valid till November 13, 2023.

As of March 12, 2023, the company had 29,547,406 shares in treasury within scope available for dividend and had 23,132 shares in treasury through other repurchase.