Ubivelox Inc (KOSDAQ:A089850) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares. The purpose of the buyback is to stabilize share prices and to raise shareholders' value. The plan will be valid up to October 12, 2018. As of April 11, 2018, the company had 278,119 common shares in treasury under the scope available for dividend and no common shares in treasury under other capacities.