InkTec Co., Ltd. (KOSDAQ:A049550) announces a share repurchase program. Under the program, the company will repurchase up to 110,000 shares for a total of KRW 960.3 million, which is based on the closing price of KRW 8,730 per share on May 27, 2015. The company will repurchase its shares directly through KOSDAQ Securities Market.

The purpose of the share repurchase program is to stabilize the share price and to enhance shareholder value. The maximum number of shares that the company can repurchase on any day is 25,634 shares. The number of shares to be repurchased may change according to the change in stock prices.

The share repurchase program is valid until August 28, 2015. As of May 27, 2015, the company had 152,653 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.