UJU Electronics, Ltd. (KOSDAQ:A065680) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, at a price of KRW 14,500 per share based on the closing share price as on November 11, 2015 for KRW 7,250 million. Such shares will be repurchased on market exchange through KOSDAQ.

On any given day, the company can repurchase up to 50,000 shares. The purpose of the program is to stabilize its stock price and increase shareholder's value. The plan will expire on February 11, 2016.

As of November 11, 2015, the company has 365,125 shares under buyback within dividend capacity and no shares in other buyback category.