UIL Co.,Ltd. (KOSDAQ:A049520) announces a share repurchase program. Under the plan, the company will repurchase up to 800,000 shares pursuant to a contract with KB Securities Co., Ltd. The purpose of the program is to stabilize the stock price and to enhance the shareholder’s value. The repurchase program will be valid till April 30, 2018. As of January 29, 2018, the company had no common shares in treasury within the scope available for dividend and no shares in treasury under other repurchases.