Osteonic Co., Ltd. (KOSDAQ:A226400) announces a share repurchase program. Under the program, the company will repurchase up to 136,986 shares. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on June 23, 2020. As of March 22, 2020, the company had no shares in treasury within scope available for dividend and had 4,309 shares in treasury through other repurchase.