Naver Corporation (KOSE:A035420) announces a share repurchase program. Under the program, the company will repurchase 133,858 shares, for a total consideration of KRW 118,999.76 million. The purpose of the program is stability of stock price planning and shareholder value reduction. The program will expire on April 25, 2018. As on January 24, 2018, the company had 3,592,203 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.