DK UIL Co., Ltd. (KOSDAQ:A049520) announces a share repurchase program. Under the plan, the company will repurchase up to 500,000 shares for KRW 5,900 million. The shares will be repurchased on the Korea Securities Dealers Automated Quotation.

The purpose of the program is to stabilize the stock price and to enhance the shareholders' value. The maximum shares that can be repurchased on any single day are 50,000 shares. The repurchase program will be valid till February 25, 2015.

As of November 23, 2014, the company had 1,266,742 common shares in treasury within the scope available for dividend and no shares in treasury under other repurchases.