COSON Co., Ltd. (KOSDAQ:A069110) announces a share repurchase program. Under the program, the company will repurchase up to 63,694 common shares. The estimated price for repurchase would amount to KRW 999.99 million, which is based on the market close price of August 12, 2016, of KRW 15,700 per share. The shares will directly be repurchased on KOSDAQ. The purpose of the program is to improve the shareholders’ value through stock price stabilization. The company's daily repurchase limit is 44,289 common shares. The program is valid up to November 11, 2016. As of August 11, 2016, the company had nil common shares in treasury under the dividend capacity and nil common shares in treasury under other capacities.