MP Hankang CO., Ltd. (KOSDAQ:A219550) announces a share repurchase program. Under the program, the company will repurchase 2,493,766 shares, pursuant to a contract with SK Securities Co., Ltd. The purpose of the program is to improve shareholder value and stabilize stock price. The plan will expire on January 30, 2019. As of October 29, 2018, the company had 0 shares in treasury within scope available for dividend and had 1,739,995 shares in treasury under other capacities.