Buy Back Porgram $VLL, $X, $PNX, SBS

Here are some of the Companies that are actually buying back their stocks. 

$VLL-Vista Land

$X-Xurpas

$PNX-Phoenix Petroleum Philippines, Inc.

$SBS-SBS Philippines Corporation

This could be because of: they think that the price of their stock is low enough for them to gain some profits. This can also be because they want volatility for their Stock and they are assuring their stock holders that there would be buyers of their stocks if they sell.