The Board of Directors of Imagis Co., Ltd. (KOSE:A115610) authorized a share repurchase program on July 9, 2013. Under the program, the company will repurchase KRW 1 billion worth of shares under the contract with Kyobo Securities Co., Ltd. The purpose of the repurchase program is stock price stability and enhancement of shareholder value. The repurchases will commence on July 9, 2013 and will end on January 8, 2014.

As of July 8, 2013, the company has no shares under direct ownership of treasury and no shares in treasury through trust agreements. Kyobo Securities Co., Ltd. acted as the broker for Imagis Co.