CQV Co., Ltd. (KOSDAQ:A101240) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million pursuant to a trust contract with Daishin Securities Co. Ltd. The purpose of the share repurchase program is to stabilize the share price.

The share repurchase program is valid until February 14, 2017. As of February 14, 2016, the company had 708,732 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.