SHINSEGAE Information & Communication Co., LTD (KOSE:A035510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 6,000 million worth of its shares under the contract with Shinhan Investment Corp. The purpose of the program is to stabilize the stock price and to enhance the shareholders’ value. The program will be valid till May 27, 2017. As of November 27, 2016, the company had nil shares in treasury under the dividend capacity and nil shares in treasury under other capacities.