EMW Co., Ltd. (KOSDAQ:A079190) announces a share repurchase program. Under the program, the company will repurchase up to 390,000 shares for a total of KRW 1,183.65 million, which is based on the price of KRW 3,035 per share. The company will repurchase its shares directly through KOSDAQ market. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholder value. The maximum number of shares that the company may repurchase on any day is 132,637 shares. The share repurchase program is valid until January 31, 2017. As of October 30, 2016, the company had 730,000 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase. As of October 30, 2016, the company had 730,000 common shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.