The Board of Directors of LIG ADP Co.,Ltd. (KOSE:A079950) authorized a share repurchase program on November 20, 2012. Under the plan, the company will repurchase up to 500,000 shares for KRW 1.05 billion based on the closing price of LIG's share on preceding day. The company will make direct acquisition on exchange through Korea Securities Dealers Automated Quotation market.

The purpose behind the program is to stabilize the stock price. The company will make repurchase up to 50,000 shares on any one day in the program. Repurchases will commence on November 21, 2012 and will continue until February 20, 2013.

As of November 19, 2012, the company has 600,000 shares in direct owned treasury stock and no shares in treasury under trust agreement. LIG Investment & Securities Co., Ltd. acted as the broker to the company in the buyback transaction.