BIOTOXTECH CO., LTD. Biotoxtech Co., Ltd. (KOSDAQ:A086040) announces a share repurchase program. Under the program, the company will repurchase up to KRW 300 million worth of its shares under the contract with SK Securities Co., Ltd. The purpose of the program is to stabilize the stock price, to enhance the shareholders' value and to prepare for stock option exercise i.e. handing over of the treasury stock. The program will be valid till September 1, 2016.
As of February 24, 2016, the company had 188,727 shares in treasury under the dividend capacity and 8 shares in treasury under other capacities.
