Ubiquoss Inc. (KOSDAQ:A078070) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million of its shares pursuant to a trust contract with Mirae Asset Daewoo Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to improve shareholder value. The share repurchase program is valid until December 20, 2016. As of June 19, 2016, the company had 2,000,000 shares in treasury within scope available for dividend and had 1,579 shares in treasury through other repurchase.