I-O Data Device, Inc. (JASDAQ:6916) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 3.05% of outstanding shares (excluding treasury shares) for a total of ¥200 million. Repurchases will be made in accordance with article 156 in lieu of article 165, section 3 of the Companies Act.

The repurchase program will be valid till January 31, 2014. As of September 30, 2013, the company has 13,099,297 shares outstanding (excluding treasury shares) and 1,740,052 shares were held under treasury.