REFINE Co., Ltd. (KOSDAQ:A377450) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant the contract with KB Securities. The purpose of the program is to stabilize stock prices and to enhance shareholder value.

The program will expire on May 1, 2022. As of October 31, 2021, the company had no shares in treasury.