The Board of Directors of Chungdahm Learning, Inc. (KOSE:A096240) authorized a share repurchase program on July 30, 2012. Under the program, the company will repurchase up to KRW 3 billion worth of shares pursuant to a trust agreement with NH Investment & Securities Co., Ltd. The purpose of the repurchase program is to stabilize share prices for shareholders' protection. The repurchases will commence on July 30, 2012, and will end on January 30, 2013. As of July 30, 2012, the company has 6,213,550 shares in issue and has 481,470 shares in treasury.

On January 30, 2013, the company announced that it has extended the plan till July 29, 2013.

As of October 30, 2012, the company has repurchased 115,588 shares, representing 1.86% for KRW 1.53 billion. NH Investment & Securities Co., Ltd. acted as the broker to the company for the buyback transaction.

Chungdahm Learning, Inc.'s share repurchase program expired on July 29, 2013.