Shinil Industrial Co.,Ltd (KOSE:A002700) announces a share repurchase program. Under the program, the company will repurchase up to 800,000 shares, for KRW 992 million. The purpose of the program is to stabilize stock price and enhance stockholder value. The repurchase program will run through January 28, 2019. As of October 25, 2018, the company had 600,000 shares in treasury under the dividend capacity and no shares in treasury under other capacities.