Okong Corp. (KOSDAQ:A045060) announces a share repurchase program. Under the program, the company will repurchase up to KRW 400 million worth of shares pursuant to a trust agreement with Shinyoung Securities Co., Ltd. The purpose of the repurchase program is stock price stabilization.

The repurchases will end on November 9, 2015. As of November 6, 2014, the company had no shares in treasury.