Union Community Co., Ltd. (KOSDAQ:A203450) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its shares pursuant to an agreement with Shinhan Investment Corp. The purpose of the share repurchase is stock price stabilization and shareholder return policy.

The repurchase program will expire on August 19, 2024. As of February 19, 2024, the company had 1,173,484 shares within scope available for dividend and had no shares in treasury through other repurchase.