SELVAS Healthcare, Inc. (KOSDAQ:A208370) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million of its shares pursuant to a trust contract with Hana Financial Investment Co., Ltd. The purpose of the share repurchase program is to improve shareholder value and to stabilize stock price. The share repurchase program is valid until April 7, 2017. As of October 9, 2016, the company had no shares in treasury within scope available for dividend and had 36 shares in treasury through other repurchase.