LEENO Industrial Inc. (KOSDAQ:A058470) announces a share repurchase program. Under the program, the company will repurchase up to 142,248 shares for a total of KRW 5,000.02 million, which is based on the closing price of KRW 35,150 per share on November 21, 2014. The company will repurchase its shares through KOSDAQ.

The purpose of the share repurchase program is to stabilize the share price and to return profits to shareholders. The maximum number of shares that can be repurchased on any day is 21,111 shares. The share repurchase program is valid until February 24, 2015.

As of November 23, 2014, the company had no shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.