Genolution Inc. (KOSDAQ:A225220) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its own shares pursuant to a contract with Shinyoung Securities. The program is aimed at stabilization of stock prices and payment of employee bonuses.

The repurchase program will expire on May 23, 2022. As of November 22, 2021, the company had 188,370 treasury shares within scope available for dividend and no shares in treasury through other repurchase.