Pangrim Co., Ltd. (KOSE:A003610) announces a share repurchase program. Under the program, the company will repurchase up to 40,000 shares, for a total consideration of KRW 1,036 million. The purpose of the program is to improve shareholder value through stock price stabilization. The program will expire on March 10, 2019. As of December 9, 2018, the company had 329,793 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.