KGMobilians Co., Ltd. (KOSDAQ:A046440) announces a share repurchase program. Under the program, the company will repurchase up to 570,000 shares, for KRW 8,778 million based on the closing price of company's share on March 9, 2015. Such shares will be repurchased directly through the securities market.

The purpose of this share repurchase program is to improve the enterprise value which was undervalued in the market. The company will repurchase up to 94,617 shares on any one day in the program. Repurchase program will expire on June 10, 2015.