MDS Technology Co., Ltd. (KOSDAQ:A086960) announces a share repurchase program. Under the plan, the company will repurchase 598,803 shares for KRW 10,000.01 million based on a closing price of KRW 16,700 per shares on October 28, 2016. The shares will be repurchased on exchange through direct acquisition. The shares will be repurchased in order to improve shareholder value through stock price stabilization. The company will repurchase maximum of 59,880 shares per day. The shares will be repurchased till January 31, 2017. As of October 30, 2016, the company has no treasury shares through buyback within dividend capacity and no treasury shares through other buybacks.