Online Vacation Center Holdings Corp. (OTCPK:ONVC) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares at a purchase price of $1.25 per share, for a total consideration of $1.88 million. The shares will be paid in cash available from company's cash and investments. The repurchase program is valid till August 13, 2018.