SunBio Corporation announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,200 million pursuant to a trust contract with KDB Daewoo Securities Co. Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholder value.

The share repurchase program is valid until September 22, 2016. As of March 20, 2016, the company had no shares in treasury within scope available for dividend and had 400 shares in treasury through other repurchase.