Dongyang E&P Inc. (KOSDAQ:A079960) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its common stock under the contract with Samsung Securities Co., Ltd. The purpose of the program is to stabilize stock price. The program will be valid until August 26, 2019. As of February 24, 2019, the company had 200,000 shares in treasury under the dividend capacity and no shares in treasury under other capacities.