Farmsco (KOSE:A036580) announces a share repurchase program. Under the program, the company will repurchase up to 205,761 shares for KRW 2,500 million, which is based on the closing price of KRW 12,150 per share as on February 15, 2017. The company will market repurchase its shares on the exchange. The purpose of the program is to stabilize the stock price and raise the stock valuation. The maximum number of shares that the company may repurchase on any day is 23,266 shares. The actual repurchase number of shares and the amount may change according to hereafter stock price change. The program is valid until May 16, 2017. As of February 15, 2017, the company had no shares in treasury within scope available for dividend and had 733,651 shares in treasury through other repurchase.