Hana Materials Inc. (KOSDAQ:A166090) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on September 17, 2020. As of September 17, 2019, the company had 178,510 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.