MODETOUR NETWORK Inc. (KOSDAQ:A080160) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its own shares pursuant to a contract with Mirae Asset Daewoo Securities Co. Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The plan will be valid up to February 13, 2020. As on February 13, 2019, the company has 975,348 shares in treasury within scope available for dividend and has 3,322 shares in treasury through other repurchase.