JT Corporation (KOSE:A089790) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of own shares pursuant to a trust agreement with Shinhan Investment Corp. The purpose behind the program is to stabilize the stock price and to enhance the shareholders' value.

Repurchases will continue until May 19, 2014. As of November 19, 2013, the company has 121,343 shares in directly owned treasury stock and no shares in treasury stock under trust agreement.