The Board of Directors of Unick Corp. (KOSE:A011320) authorized a share repurchase program on March 18, 2013. Under the program, the company will repurchase up to KRW 3 billion worth of its shares pursuant to a trust agreement with Korean Development Bank. The purpose of the repurchase program is to stabilize share prices and to enhance shareholder value. The repurchases will commence on March 18, 2013, and will end on March 18, 2014. As of March 17, 2013, the company had a direct ownership of 1,089,087 shares in treasury and had no shares in treasury through trust agreements.

Hyundai Securities Co., Ltd., Daewoo Securities Co. Ltd., Korean Development Bank and TONGYANG Securities Inc. acted as the brokers to Unick Corp.