Avatec Co., Ltd. (KOSDAQ:A149950) announces a share repurchase program. Under the program, the company will repurchase up to 348,432 shares for KRW 2,000 million. The purpose of the buyback is to improve shareholder value and to stabilize stock price. The program will be valid up to October 8, 2018. As of July 8, 2018, the company had 476,952 shares in treasury within scope available for dividend and has no shares in treasury through other repurchase.