Enertork, Ltd. (KOSDAQ:A019990) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares of its common stock for total of KRW 201.75 million based on the closing price of July 4, 2014. The shares will be repurchased directly on Korea exchange.

The purpose of this repurchase program is to stabilize its stock price and increase shareholder's value. The company will repurchase maximum of 5,000 shares per day. The plan will expire on October 7, 2014.

As of July 6, 2014, the company has 29 shares within scope available for dividend and no shares in treasury stock under other repurchase.