DOUBLEUGAMES Co., Ltd. (KOSDAQ:A192080) announces a share repurchase program. Under the program, the company will repurchase up to KRW 20,000 million worth of its shares under the contract with Woori Bank Co., Ltd. The purpose of the program is to stabilize the stock price and to enhance the shareholders’ value. The program will be valid till May 2, 2017. As of November 1, 2016, the company had 815,976 common shares in treasury under the dividend capacity and nil common shares in treasury under other capacities.