The Board of Directors of Almetax Manufacturing Co. Ltd. (OSE:5928) authorized a share repurchase program on February 4, 2013. Under the program, the company will repurchase up to 750,000 common shares, representing 6.8% of its issued share capital (excluding treasury shares), at a fixed price of ¥270 per share, for a total cost of ¥202.5 million.

The repurchases will be done at the Osaka Securities Exchange J-NET Market, Treasury Shares Acquisition Trading through purchase orders. The purpose of the repurchase program is to enable the implementation of a flexible capital policy corresponding to changes in the business environment. Repurchases will be made on February 5, 2013.

As of December 31, 2012, the company has 11,028,364 shares outstanding (treasury shares excluded) and 884,151 shares held in treasury.