Sungchang Enterprise Holdings Limited (KOSE:A000180) announces a share repurchase program. Under the program, the company will repurchase up to KRW 7,000 million worth of its shares pursuant to a trust contract with Korea Investment & Securities Co., Ltd. The purpose of the share repurchase program is to enhance shareholders' value and stabilize the share price. The share repurchase program is valid until January 11, 2018. As of January 11, 2017, the company had 968,247 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.