Shinil Industrial Co.,Ltd (KOSE:A002700) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on February 19, 2020. As of November 18, 2019, the company had 600,000 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.