The Board of Directors of Silicon Works Co., Ltd. (KOSE:A108320) authorized a share repurchase program on February 7, 2013. Under the program, the company will repurchase up to KRW 20 billion worth of own shares pursuant to a trust agreement with Mirae Asset Securities Co., Ltd. The purpose behind the program is to stabilize the stock price and to enhance shareholder value. Repurchases will commence on February 8, 2013 and will continue until August 7, 2013. As of February 6, 2013, the company has 473,236 shares in treasury under direct ownership and no shares under trust agreement. Mirae Asset Securities Co., Ltd. acted as the broker to Silicon.

Silicon Works Co., Ltd.'s share repurchase program expired on August 7, 2013. Under the program, the company has repurchased 262,236 shares.