Union Community Co., Ltd. (KOSDAQ:A203450) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its shares pursuant to a trust contract with Mirae Asset Daewoo (MIRAE ASSET DAEWOO.CO., LTD.). The purpose of the program is to defend the corporate management rights and to stabilize the stock price. The program is valid until February 11, 2020. As of August 11, 2019, the company had 896,537 shares in treasury within scope available for dividend and has no shares in treasury through other repurchase.