The Board of Directors of Secuve Co., Ltd. (KOSE:A131090) authorized a share repurchase program on August 23, 2013. Under the program, the company will repurchase up to KRW 1 billion worth of share under a contract with Woori Investment & Securities Co. Ltd. The company will repurchase its shares in view of stock price stability and business image enhancement.

The repurchases will commence on August 23, 2013 and will end on February 24, 2014. As of August 22, 2013, the company has 203,990 shares under trust agreement and no shares under direct ownership. Woori Investment & Securities Co.

Ltd. acted as investment broker to the company.