MAXROTEC Co., Ltd. (KOSDAQ:A141070) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of own shares pursuant to a trust agreement with Mirae Asset Securities Co., Ltd. The purpose behind the program is to stabilize the stock price. Repurchases will continue until June 3, 2014.

As of December 3, 2013, the company has no shares in directly owned treasury stock and no shares in treasury stock under trust agreement.