The Board of Directors of Neuros Co., Ltd. (KOSE:A126870) authorized a share repurchase program on May 24, 2012. Under the program, the company will repurchase up to KRW 700 million worth own shares pursuant to a trust agreement with Daewoo Securities Co., Ltd. to be signed on May 25, 2012. The purpose behind the program is to stabilize the stock price and to enhance shareholder value. Repurchases will commence on May 25, 2012 and will continue until November 24, 2012. As of May 23, 2012, the company has no shares in treasury. Daewoo Securities Co., Ltd. acted as the broker to the company for the buyback.