CTCBIO., Inc. (KOSDAQ:A060590) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of shares pursuant to a trust contract with Daishin Securities Co. Ltd. The purpose of the repurchase program is to stabilize the company's share price and to enhance shareholders value.

The share repurchase program is valid until February 7, 2015. As of August 7, 2014, the company had 130,811 shares in treasury within scope available for dividend and had 5,174 shares in treasury through other repurchases.