Youngone Corp. (KOSE:A111770) announces a share repurchase program. Under the program, the company will repurchase up to KRW 16,000 million of its shares pursuant to a trust contract with Samsung Securities Co., Ltd. The purpose of the share repurchase program is to improve shareholder value through stock price stabilization. The share repurchase program is valid until January 28, 2017. As of July 28, 2016, the company had no shares in treasury within scope available for dividend and had 289 shares in treasury through other repurchase.