NICE Information Service Co., Ltd. (KOSDAQ:A030190) announces a share repurchase program. Under the program, the company will repurchase up to KRW 8,000 million worth of its shares under the contract with Shinyoung Securities Co., Ltd. The purpose of the program is to improve the shareholders value and to stabilize the stock price. The program will be valid till January 23, 2018. As of January 23, 2017, the company had no shares in treasury under the dividend capacity and 13,200 shares in treasury under other capacities.