Humax Co., Ltd. (KOSDAQ:A028080) announces a share repurchase program. Under the program, the company will repurchase up to 393,700 shares for a total of KRW 4,999.99 million, which is based on the closing price of KRW 12,700 per share on March 7, 2016. The company will repurchase its shares directly on Korea Securities Dealers Automated Quotation market. The purpose of the share repurchase program is to improve shareholder value and to stabilize stock price. The maximum number of shares that the company may repurchase on any day is 39,370 shares. The actual repurchase number of shares and the amount may change according to the hereafter stock price change. The share repurchase program is valid until September 7, 2016. As of June 6, 2016, the company had 455,001 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.