Redrover Co.,Ltd (KOSDAQ:A060300) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,500 million worth of its shares, pursuant to a contract with Shinhan Investment Corp. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on April 23, 2018. As of October 24, 2017, the company had no shares in treasury within the scope available for dividend and had 1,729 shares in treasury under other capacities.