The Board of Directors of Marusan Securities Co., Ltd. (TSE:8613) authorized a share repurchase program on October 19, 2012. Under the program, the company will repurchase up to 1,000,000 shares, representing 1.47% of its outstanding share capital, for a total cost of ¥300 million. The purpose of the repurchase program is to implement a mobile capital policy.

The plan will commence on October 22, 2012 and will continue until November 21, 2012. As of September 30, 2012, the company has 67,858,150 shares outstanding and 1,540,112 shares held in treasury.