The Board of Directors of Bookook Securities Co. Ltd. (KOSE:A001270) authorized a share repurchase program on June 13, 2012. Under the program, the company will repurchase up to 500,000 own shares pursuant to a trust agreement with Dongbu Securities Co., Ltd. The repurchase will be made on the stock exchange. The purpose behind the program is to stabilize the stock price. Repurchases will commence on June 14, 2012 and will continue until September 13, 2012. As of June 12, 2012, the company has 3,111,861 shares under the direct ownership of treasury stock. Dongbu Securities Co., Ltd acted as the broker for the buyback.