The Board of Directors of Gentro Co Ltd. (KOSE:A083660) authorized a share repurchase program on March 12, 2010. Under the program, the company will repurchase up to KRW 1 billion worth own shares pursuant to a trust agreement with Hana Daetoo Securities Co., Ltd. The purpose behind the program is to stabilize the stock price. Repurchases will commence on March 12, 2010 and will continue until September 13, 2010. As of March 12, 2010, the company has no shares in treasury. On September 13, 2010, the company announced that it has extended the program till March 14, 2011. On March 14, 2011, the company announced that it has extended the program till September 14, 2011. On September 8, 2011, the company announced that it has extended the program till March 14, 2012. On March 14, 2012, the Board extended the expiration date of the program till September 14, 2012. Till September 8, 2011, the company has repurchased 226,987 shares. Hana Daetoo Securities Co., Ltd. acted as the broker for the buyback. Gentro Co Ltd.'s share repurchase program expired on account of efficient operation of funds from sales of treasury stocks on March 16, 2012.