Hana Financial Group Inc. (KOSE:A086790) announces a share repurchase program. Under the program, the company will repurchase up to KRW 300,000 million worth of its shares pursuant to a trust agreement with Samsung Securities Co.,Ltd. The purpose behind the program is to stabilize the stock price and to enhance corporate value. The program will continue until August 7, 2024.
As of January 30, 2024, the company had 4,340,000 shares in treasury through buyback within dividend capacity and had no shares in treasury through other acquisitions.