Farmsco (KOSE:A036580) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,500 million worth of its shares under the contract with KB Securities Co., Ltd. The purpose of the program is to stabilize the stock price and raise the stock valuation. The program is valid until August 16, 2017. As of February 15, 2017, the company had no shares in treasury within scope available for dividend and had 733,651 shares in treasury through other repurchase.