Asia Pacific Satellite Inc. (KOSDAQ:A211270) announces a share repurchase program. Under the program, the company will repurchase up to KRW 500 million of its shares pursuant to a trust contract with Samsung Securities Co. Ltd. The purpose of the share repurchase program is to stabilize the share price. The share repurchase program is valid until January 4, 2019. As of July 2, 2018, the company had 1,973 shares in treasury within scope available for dividend and had 941,116 shares in treasury through other repurchase.