InfoBank Corporation (KOSDAQ:A039290) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,500 million worth of its shares, pursuant to a trust contract with IBK Investment & Securities Co., Ltd. The purpose of the program is stock price stability and investment value upliftment. The program will expire on December 20, 2023.

As of June 20, 2023, the company had 241,269 shares in treasury within scope available for dividend and had no shares in treasury under other acquisition.