Wonpoong Corporation (KOSDAQ:A008370) announces a share repurchase program. Under the program, the company will repurchase up to 230,000 shares. The purpose behind the program is to improve shareholder value and to stabilize stock price.

The repurchase program will expire on April 22, 2022. As of January 25, 2022, the company had 210,000 treasury shares within scope available for dividend and no shares in treasury through other repurchase.