Wonpoong Corporation (KOSDAQ:A008370) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares. The purpose behind the program is to improve shareholder value and to stabilize stock price.

The repurchase program will expire on December 15, 2023. As of September 14, 2023, the company had 558,658 treasury shares within scope available for dividend and no shares in treasury through other repurchase.