Samjin LND Co., Ltd. (KOSDAQ:A054090) announces a share repurchase program. Under the program, the company will repurchase up to 460,000 shares for KRW 1,170.7 million based on the closing price of company's share on February 5, 2015. Repurchases will be made on exchange.

The purpose behind the program is enhancement of shareholder value through stabilization of stock prices. The company will repurchase up to 124,529 shares on any one day in the program. The plan will expire on April 8, 2015.

As of February 5, 2015, the company has 243,827 shares in treasury under buyback within dividend capacity and no shares in other buyback category.