MegaStudyEdu Co. Ltd (KOSDAQ:A215200) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the program is to stabilize the stock price and improve shareholder value. The program will expire on November 11, 2019. As of November 11, 2018, the company had no shares in treasury within scope available for dividend and 11,960 shares in treasury under other repurchase.