AnaPass Inc. (KOSDAQ:A123860) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares for KRW 1,500 million. The company will on exchange repurchase through Korea Securities Dealers Automated Quotation market.

The purpose behind the program is to stabilize the stock price. The company will repurchase up to 17,429 shares on any one day in the program. Repurchases will continue until November 18, 2015.

As of August 17, 2015, the company has 950,000 treasury stock within dividend capacity and 2,880 shares through other buyback.