Webzen Inc. (KOSDAQ:A069080) announces a share repurchase program. Under the program, the company will repurchase 355,000 shares. The purpose of the program is to stabilize share prices and enhance shareholder value.

The repurchase program will continue until December 15, 2021. As of September 14, 2021, the company had 1,374,760 shares in treasury under the dividend capacity and 3,634,309 shares in treasury under other capacities.