Hankuk Carbon Co. Ltd. (KOSE:A017960) announces a share repurchase program. Under the program, the company will repurchase up to 1,250,000 shares for a total of KRW 6,512.5 million.

The company will repurchase its shares through the stock exchange. The purpose of the repurchase program is to stabilize the company's stock price and to enhance shareholder value. The maximum number of shares that can be repurchased on any day is 125,000 shares.

The actual repurchase number of shares and the amount may change according to the hereafter stock price change. The share repurchase program is valid until April 22, 2015. As of January 21, 2015, the company had 1,250,000 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.