K-Auction.Co.Ltd. (KOSDAQ:A102370) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares pursuant to a trust agreement with Shinyoung Securities Co. Ltd. The purpose behind the program is to enhance shareholder value.

The program will continue until February 9, 2024. As of February 3, 2023, the company had 390,000 shares in treasury through buyback within dividend capacity and had no shares through other acquisitions.