Nuri Telecom Co., Ltd. (KOSDAQ:A040160) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its shares pursuant to a contract with DAISHIN Securities Co., Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will be valid until September 10, 2020. As of March 9, 2020, the company had 509,632 shares in treasury under the dividend capacity and 0 shares in treasury under other capacities.