Soulbrain Co.,Ltd. (KOSDAQ:A036830) announces a share repurchase program. Under the program, the company will repurchase KRW 5,000 million under the contract with Mirae Asset Daewoo Co., Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will be valid until April 19, 2019. As of October 18, 2018, the company had 430,816 shares in treasury under the dividend capacity and no shares in treasury under other capacities.
Solbrain Holdings Co Ltd, formerly Solbrain Co Ltd, is a Korea-based company mainly engaged in the manufacture and sale of semiconductor and electronic related chemical materials. The Company operates its business through three segments. The Semiconductor Material segment is engaged in the manufacture and sale of chemical mechanical polishing equipment and devices used in semiconductor manufacturing processes, such as chemical mechanical polishing (CMP) slurries and precursors. The Display Materials segment produces and supplies chemical materials for display manufacturing processes such as etchants and mobile-related products such as thin glasses. The Other segment is mainly engaged in the manufacture and sale of chemical materials for secondary battery manufacturing processes. The Company sells its products in domestic and overseas markets such as the United States, China, and Malaysia.
SOULBRAIN HOLDINGS CO., LTD. 
