WebCash Corporation (KOSDAQ:A053580) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its common stock, pursuant to a contract with Shinhan Securities Co., LTD. The purpose of the program is to stabilizing the stock prices and enhance the shareholders' value. The program will end on January 12, 2024.

As of July 11, 2023, the company had 182,346 shares in treasury within the scope available for dividend and 65,503 shares in treasury through other repurchase.