Incon Co., Ltd. (KOSE:A083640) announces a share repurchase program. Under the program, the company will repurchase up to 432,900 shares for KRW 2,000 million based on the closing price of KRW 6,878 per share on August 21, 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 43,290 shares per day. The repurchase program will continue until November 24, 2015.

As of August 23, 2015, the company has 6,878 treasury shares within scope available for dividend and no treasury stock through other buyback.