S-Energy Co., Ltd. (KOSDAQ:A095910) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of shares under a contract with Daewoo Securities Co. Ltd. The company is repurchasing its shares for stock price stability and enhancement of shareholder value.

The program will run till October 14, 2015. As of October 14, 2014, the company had 640,662 shares as treasury stock under buyback within scope available for dividend and no treasury stock from other acquisition.