Devsisters Corporation (KOSDAQ:A194480) announces a share repurchase program. Under the program, the company will repurchase up to 429,184 shares for KRW 10,000 million based on the closing price on August 24, 2015. The shares will be directly repurchased through Korea Securities Dealers Automated Quotation market.

The purpose behind the program is to stabilize the stock price and enhancing shareholder's value. The company will repurchase up to 42,918 shares per day. The repurchase program will continue until November 25, 2015.

As of August 24, 2015, the company has 809,192 treasury shares within scope available for dividend and no treasury stock through other buyback.