The Board of Directors of Huvis Corporation (KOSE:A079980) authorized a share repurchase program on February 21, 2013. Under the program, the company will repurchase up to KRW 18 billion worth of common shares pursuant to a trust agreement with Daewoo Securities Co., Ltd. The purpose of the repurchase program is to stabilize the stock price. Repurchases will commence on February 22, 2013, and will be valid until August 22, 2013. As of February 20, 2013, the company had no common shares in treasury through direct ownership and through trust agreements.

As of May 21, 2013, the company has repurchased 1,133,910 shares for KRW 13.14 billion. Daewoo Securities Co., Ltd. acted as the broker for Huvis Corporation.

Huvis Corporation's share repurchase program expired on August 22, 2013.