SH Energy & Chemical Co., Ltd. (KOSE:A002360) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its shares, pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on May 15, 2019. As of November 14, 2018, the company had 236,220 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.