ARRK Corporation (TSE:7873) announces a share repurchase program. Under the program, the company will repurchase up to up to 46,700 shares, representing 0.98% stake for ¥8 million. The shares will be repurchased through Market purchase by trust method.

The repurchased shares will be issued when stock options are exercised. The shares will be repurchased in accordance with the provisions of articles of incorporation from the regulations of Article 459 Paragraph 1 of the Companies Act. The shares will be repurchased until July 31, 2015.

As of March 31, 2015, the company had 338,657,431 outstanding shares (excluding treasury shares) and 4,743,866 shares in treasury.