EVERDIGM Corp. (KOSDAQ:A041440) announces a share repurchase program. Under the program, the company will repurchase up to 198,000 shares for KRW 1,243.44 million, based on the closing price of KRW 6,280 per share on September 7, 2014.

The shares will be repurchased through direct acquisition from the KOSDAQ. The purpose of the program is to stabilize the stock price. A maximum of 47,006 shares can be repurchased on any single day during the time period of the program.

The program will expire on December 4, 2014. As of September 3, 2014, the company had 4,232 shares in treasury under the dividend capacity and nil shares in treasury under other buyback.