Byucksan Corporation (KOSE:A007210) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares under the contract with Korea Investment & Securities Co., Ltd. The purpose of the program is to enhance the shareholders’ value. The program will be valid till March 6, 2017. As of September 4, 2016, the company had 9,360,620 shares in treasury under the dividend capacity and nil shares in treasury under other capacities.