kabu.com Securities Co., Ltd. (TSE:8703) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 1.46% stake for ¥1,700 million. The purpose of the program is to enable the implementation of a flexible capital policy corresponding to the changes in the business environment and to improve the capital efficiency and the shareholders' returns.

The shares will be repurchased until March 23, 2016. As of December 31, 2015, the company had 343,224,765 outstanding shares excluding treasury shares and 9,000,543 shares in treasury.