DOHWA Engineering Co., Ltd. (KOSE:A002150) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5 billion worth of its shares pursuant to a trust agreement with Woori Investment & Securities Co., Ltd. The purpose of the program is to stabilize the stock price. The program will continue until September 10, 2014.

As of September 10, 2013, the company held no shares in treasury either directly or indirectly through the trust contracts.