KVK Corporation (JASDAQ:6484) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, representing 0.37% of its issued share capital, for a total cost of up to ¥45 million. The purpose of the plan is to put efforts in further realizing shareholder returns and to pursue a dynamic capital strategy responsive to the business world.

Repurchases will be made in accordance with article 156 in lieu of article 165, section 3 of the Companies Act. The plan will continue until October 31, 2013. As of July 26, 2013, the company has 16,420,215 shares outstanding and 110,942 shares held in treasury.