Bugs Corporation (KOSDAQ:A104200) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million of its shares pursuant to a trust contract with Shinhan Investment Corp. The purpose of the share repurchase program is to stabilize the share price and to improve shareholder value. The share repurchase program is valid until December 30, 2016. As of June 20, 2016, the company had 674,808 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.