Mgame Corp. (KOSDAQ:A058630) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its common stock, pursuant to a contract with DB Financial Investment Co., Ltd. The purpose of the program is to stabilizing the stock prices and enhance the shareholders' value. The program will end on September 23, 2020. As of March 22, 2020, the company had no shares in treasury within the scope available for dividend and no shares in treasury through other repurchase.