YounglimwonSoftLab Co.Ltd (KOSDAQ:A060850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,700 worth of its shares pursuant the contract with Mirae Asset Securities. The purpose behind the program is to improve shareholder value and to stabilize stock price.

The repurchase program will expire on May 19, 2024. As of November 19, 2023, the company had 100,000 treasury shares within scope available for dividend and no shares in treasury through other repurchase.