Hansae Co. Ltd. (KOSE:A105630) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares under the contract with Hana Financial Investment Co., Ltd. and Hyundai Securities Co., Ltd. The purpose of the program is to improve the shareholders’ value through the stock price stabilization. The program will be valid till March 28, 2017. As of September 26, 2016, the company had nil shares in treasury under the dividend capacity and nil shares in treasury under other capacities.