Milae Bioresources Co., Ltd. (KOSDAQ:A218150) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares. The purpose of the share repurchase program is to stabilize the share price and enhance shareholders value. The repurchase program will continue until June 23, 2020. As of March 22, 2020, the company had no shares in treasury within scope available for dividend and had 884,980 shares in treasury through other repurchase.