Zinus, Inc (KOSE:A013890) announces a share repurchase program. Under the program, the company will repurchase up to 237,972 shares, pursuant to a contract with Shinhan Investment Corp. The purpose of the program is to enhance shareholder value acquisition and to cancel the treasury stock.

The program will expire on March 29, 2024. As of February 5, 2024, the company had 561,357 shares in treasury within scope available for dividend and had no shares in treasury under other acquisitions.