Kukdong Corporation (KOSE:A005320) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,500 million worth of shares pursuant to a trust agreement with Shinhan Investment Corp. The purpose of the program is to increase shareholder value through stock price stabilization. The repurchase program will continue until October 21, 2021. As of April 20, 2021, the company had 216,073 shares in treasury within scope available for dividend and no shares in treasury under other capacities.