Seoul Broadcasting System (KOSDAQ:A034120) announces a share repurchase program. Under the program, the company will repurchase up to KRW 11,000 million pursuant to a trust contract with Woori Bank Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to improve the shareholder value. The share repurchase program is valid until October 17, 2016.

As of October 14, 2015, the company had 179,230 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.