Kginicis Co.,Ltd (KOSDAQ:A035600) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, for KRW 11,750 million. The purpose behind the program is to improve shareholder value and to stabilize stock price. The repurchase program will expire on August 20, 2019. As of May 19, 2019, the company had 285,946 treasury shares within scope available for dividend and no shares in treasury through other repurchase.