KPX Chemical Co.,Ltd (KOSE:A025000) announces a share repurchase program. Under the program, the company will repurchase up to KRW 8,000 million worth of its shares pursuant to a trust contract with IBK Securities Co. Ltd. The purpose of the share repurchase program is to improve shareholder value and to stabilize the stock price. The program is valid until October 11, 2017. As of April 10, 2017, the company had no shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.