Mediana Co., Ltd. announced a share repurchase program. Under the program, the company will repurchase up to 142,900 shares, for up to KRW 500.15 million, based on the closing price of the company's shares on December 4, 2013. The repurchases would be made by direct buyback through KONEX market.

The company is repurchasing shares to stabilize stock price and to protect shareholders' value. The maximum number of shares that can be repurchased per day would be 14,290 shares. The program will run till March 5, 2014.

As of December 4, 2013, the company had no treasury stock under direct ownership and trust agreement.