The Board of Directors of Invast Securities Company Limited (JASDAQ:8709) authorized a share repurchase program on January 29, 2013. Under the program, the company will repurchase up to 2,000 shares, representing 3.12% of its outstanding shares for ¥200 million. The purpose of the program is to increase capital efficiency and pursue a dynamic capital strategy.

The shares will be repurchased pursuant to Article 165 paragraph 2 of Japan's Corporate Law. The program will commence from January 30, 2013 and will continue till December 31, 2013. As of December 31, 2012, the company has 64,114 outstanding shares and no shares in treasury.