Vessel Co., Ltd. (KOSDAQ:A177350) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its shares, pursuant to a trust contract with DB Financial Investment Co.,Ltd. The purpose of the share repurchase program is to stabilize the share price and to improve shareholder value. The share repurchase program is valid until February 26, 2019. As of August 23, 2018, the company had 316,339 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.