The Board of Directors of Ottogi Corp. (KOSE:A007310) authorized a share repurchase program on October 6, 2011. Under the program, the company will repurchase up to KRW 6.5 billion worth of shares for the purpose of stabilizing stock prices. The repurchases will commence on October 6, 2011, and will end on April 6, 2012. As of October 6, 2011, the company has 50,784 shares in treasury.

On April 6, 2012, the Board announced the extension of the program till October 6, 2012. Daewoo Securities Co., Ltd. acted as the broker to the company.

Ottogi Corp.'s share repurchase program expired on October 5, 2012. Under the plan, the company has repurchased 12,296 shares for KRW 1.59 billion.