Korea Petroleum Industries Company (KOSE:A004090) announces a share repurchase program. Under the program, the company will repurchase up to 20,000 shares. The purpose of the program is stock price stabilization and enhancing shareholder's value. The program will be valid till April 23, 2018. As of January 22, 2018, the company had 10,324 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.