Young Poong Paper Mfg Co.,Ltd. (KOSE:A006740) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million pursuant to a trust contract with Mirae Asset Daewoo. The purpose of the share repurchase program is to stabilize stock price and enhance shareholders value. The share repurchase program is valid until September 19, 2020. As of March 18, 2020, the company had 4,226,430 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.