Sun Machinery Co., Ltd. announces a share repurchase program. Under the program, the company will repurchase up to 20,000 shares, for a total of KRW 77.8 million. The company will repurchase its shares directly through KONEX Market. The purpose of the share repurchase program is to improve stockholders value and to pay employee bonus after the buyback. The maximum number of shares that the company may repurchase on any day is 2,000 shares. The share repurchase program is valid until November 22, 2016. As of August 21, 2016, the company had 8,328 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.