Meritz Financial Group Inc. (KOSE:A138040) announces a share repurchase program. Under the program, the company will repurchase up to KRW 240,000 million worth of its shares. The purpose of the program is to enhance shareholder value.
The program will expire on March 29, 2024. As of September 20, 2023, the company had 13,546,744 shares in treasury within the scope available for dividend and had 2,421,092 shares in treasury through other repurchase.