Woory Industrial Co., Ltd. (KOSDAQ:A215360) announces a share repurchase program. Under the program, the company will repurchase up to 50,125 common shares. The estimated price for repurchase would amount to KRW 1,000 million, which is based on the market close price of November 21, 2016. The shares will be repurchased on the Korea Securities Dealers Automated Quotation market lead through direct repurchases. The purpose of the program is to stabilization and to enhance the shareholders’ value of stock price. The company's daily repurchase limit is 30,898 common shares. The share repurchase program is valid until February 22, 2017. As of November 21, 2016, the company had nil common shares in treasury under the dividend capacity and nil common shares in treasury under other capacities.