Ringnet Co., Ltd. (KOSDAQ:A042500) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,500 million worth of shares pursuant to a trust agreement with Yuanta Securities Korea Co., Ltd. The purpose of the share repurchase is to improve shareholder value and stabilize stock price. The repurchase program will continue until January 4, 2019. As of January 4, 2018, the company had 1,247,376 shares in treasury repurchased within scope available for dividend and 1,728 shares in treasury through other repurchase.