Boryung Pharmaceutical Co., Ltd. (KOSE:A003850) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares. The purpose of repurchase program is to stabilize treasury stock price. The program will be valid till April 23, 2018. As of January 22, 2018, the company had 328,629 treasury shares within dividend capacity and 11,567 treasury shares through other buyback.