Wooree ETI Co., Ltd. (KOSE:A082850) announces a share repurchase program. Under the program, the company will repurchase up to 749,063 shares for KRW 2 billion. The shares will be repurchased on Korea Securities Dealers Automated Quotation market on exchange direct acquisition.

The purpose of the share repurchase program is for stock price stability and enhancement of shareholder value. The company will repurchase up to a maximum of 108,453 shares on a daily basis. The share repurchase program will expire on January 14, 2014.

As of October 13, 2013, the company has 1,703,383 shares in treasury and no Treasury shares under trust agreement.