UBCare Co., Ltd. (KOSDAQ:A032620) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of shares pursuant to a contract with Mirae Asset Daewoo Co., Ltd. The purpose of the buyback is to stabilize the share price and to raise shareholder value. The plan will be valid up to June 11, 2019. As of June 3, 2018, the company had 422,933 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.