The Board of Directors of Sempio Foods Co., Ltd. (KOSE:A007540) authorized a share repurchase program on April 24, 2012. Under the program, the company will repurchase up to 150,000 shares for KRW 2.75 billion based on the share price of KRW 18,300 per share on April 23, 2012. The repurchases will be made on the stock exchange for the purpose of stabilizing share prices. The daily limit for the repurchases is set at 15,000 shares per day. The repurchases will commence on April 25, 2012, and will end on July 24, 2012. As of April 24, 2012, the company has direct ownership of 1,200,085 shares in treasury. KTB Investment & Securities Co.,Ltd., Hanwha Securities Co., Ltd., Yuhwa Securities Co., Ltd. and Daewoo Securities Co., Ltd. acted as the brokers to Sempio Foods Co., Ltd. for the buyback. Sempio Foods Co., Ltd. completed its share repurchase program on July 11, 2012. Under the plan, the company repurchased 150,000 shares for KRW 3.38 billion.