Alton Sports Co., Ltd. (KOSE:A123750) announces a share repurchase program. Under the program, the company will repurchase KRW 500 million worth of shares under the contract with Shinyoung Securities Co., Ltd. The purpose of repurchase program is Stock price stability and enhancement of shareholder value. The repurchase program will be valid till October 16, 2014.

As of October 16, 2013, the company has 185,003 shares under direct ownership of treasury stock and no treasury stock under trust agreement.