Tse Co., Ltd. (KOSDAQ:A131290) announces a share repurchase program. Under the program, the company will repurchase up to 740,000 shares. The estimated price for repurchase would amount to KRW 7,000.4 million, which is based on the market close price of November 16, 2015, of KRW 9,460 per share.

The shares will be repurchased from the KOSDAQ securities market. The purpose of the program is to stabilize the share price and to increase the shareholder's value. The company's daily repurchase limit is 74,000 common shares.

The program is valid until February 17, 2016. As of November 16, 2015, the company had 235,000 common shares in treasury under the scope available for dividend and nil common shares in treasury under other capacities.