Invast Securities Company Limited (JASDAQ:8709) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 3.44% total outstanding shares (excluding treasury shares) for a total cost of ¥300 million. The shares will be repurchased in order to implement a dynamic capital strategy responsive to changes in the business world and for profitable shareholder returns.

The repurchases will be made in accordance with article 156 in lieu of article 165, section 3 of the Companies Act. The plan will expire on December 31, 2014. As of July 30, 2014, the company has 5,805,900 outstanding shares (excluding treasury shares) and 605,500 shares were held under treasury.