UJU Electronics, Ltd. (KOSDAQ:A065680) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares for a total of KRW 5,100 million, which is based on the closing price of KRW 17,000 per share on December 16, 2015. The company use Korea Securities Dealers Automated Quotation market purchasing on exchange to repurchase the shares.

The purpose of the share repurchase program is to improve shareholder value through stock price stabilization. The maximum number of shares that the company may repurchase on any day is 30,000 shares. The share repurchase program is valid until March 16, 2016.

As of December 16, 2015, the company had 865,125 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.