DAEHO AL Co.,Ltd. (KOSE:A069460) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its shares pursuant to a contract with Daewoo Securities Co. Ltd. The purpose of the program is to stabilization the stock price.

The program will be valid till August 6, 2015. As of August 5, 2014, the company had 71,432 common shares in treasury under the dividend capacity and no common shares in treasury under other buyback.