The Board of Directors of Hitron Systems Inc. (KOSE:A019490) authorized a share repurchase program on June 19, 2013. Under the program, the company will repurchase up to KRW 2 billion worth own shares pursuant to a trust agreement with HANA BANK. The purpose behind the program is to stabilize the stock price and to enhance shareholder value. Repurchases will commence on June 19, 2013, and will continue until June 19, 2014. As of June 19, 2013, the company has 695,454 shares in directly owned treasury stock and 341,580 treasury stock under trust agreement.

HANA Bank and Woori Investment & Securities Co., Ltd. acted as the brokers for the buyback.