Dongsung Chemical Co., Ltd. (KOSE:A005190) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares for KRW 1,197.50 million based on the closing price of KRW 23,950 on June 28, 2016. The shares will be repurchased through exchange. The purpose behind the program is stability of stock price and officer Incentive payment. The company will repurchase up to 13,414 shares per day. The repurchase program will continue until September 29, 2016. As of June 28, 2016, the company has no treasury shares within scope available for dividend and 3,310 treasury stock through other buyback.