Daeyang Paper Mfg. Co., Ltd. (KOSDAQ:A006580) announces a share repurchase program. Under the plan, the company will repurchase up to 1,342,500 shares. The purpose of the program is to stabilization of stock prices and enhancement of shareholders value. As of July 13, 2020, the company had 4,850,769 shares in treasury within the scope available for dividend and no shares in treasury through other repurchase. The program will be valid up to October 14, 2020.