KL-Net Corp. (KOSDAQ:A039420) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of shares. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on March 31, 2020. As of March 28, 2019, the company had 1,308,548 shares in treasury within scope available for dividend and had 11,990 shares in treasury through other repurchase.