EZwelfare Company Ltd. (KOSDAQ:A090850) announces a share repurchase program. Under the program, the company will repurchase up to 7,700 shares for a total of KRW 80.85 million, which is based on the closing price of KRW 10,500 per share on January 20, 2015. The company will repurchase its shares through the Korea Securities Dealers Automated Quotation market of the stock exchange.

The shares will be repurchased for the purpose of employee incentive payment. The maximum number of shares that can be repurchased on any day is 12,712 shares. The actual repurchase number of shares and the amount may change according to the hereafter stock price change.

The share repurchase program is valid until April 21, 2015. As of January 21, 2015, the company had 559,423 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.