Chong Kun Dang Holdings Corp. (KOSE:A001630) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares according to the contract with KB Securities Co., Ltd. The purpose of the program is stock price stability and shareholder value enhancement.

The program will expire on February 10, 2023. As of February 9, 2022, the company had 204,884 and 47,773 treasury stock holdings in acquisition within the scope of allotment and through other acquisition, respectively.