Huchems Fine Chemical Corporation (KOSE:A069260) announces a share repurchase program. Under the program, the company will repurchase up to KRW 20,000 million worth of own shares pursuant to a contract with Shinyoung Securities Co., Ltd. The purpose behind the program is to improve shareholder value and to stabilize stock price. The repurchase program will continue until March 25, 2019. As of March 23, 2018, the company has 2,563,403 treasury shares within scope available for dividend and no treasury stock through other buyback.