Minwise Co., Ltd (KOSDAQ:A214180) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares pursuant to a contract with Mirae Asset Daewoo Co., Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on January 19, 2021. As of July 19, 2020, the company had 804,938 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.