Pixelplus Co., Ltd. (KOSDAQ:A087600) announces a share repurchase program. Under the program, the company will repurchase up to KRW 7,000 million worth of its shares under the contract with Korea Investment & Securities Co., Ltd. The purpose of the program is to improve the shareholders' value and the stock price stabilization. The program will be valid till May 16, 2016.

As of November 12, 2015, the company had nil shares in treasury under the dividend capacity and nil shares in treasury under other capacities.