ODK Solutions Company, Ltd. (JASDAQ:3839) announces a share repurchase program. Under the program, the company will repurchase up to 6,000 shares, representing 7.32% of its outstanding share capital, at a price of ¥35,700 per share, for a total cost of ¥214.2 million. Repurchases will be made in the Osaka Securities Exchange J-NET market.

The purpose of the repurchase program is to enable the accomplishment of a mobile capital policy in response to the changes in the business environment. Repurchases will be made based on the provisions of the Companies Act Article 156 as applied in lieu of Article 165, Section 3 of the same law. As of June 20, 2013, the company has 82,000 shares outstanding and 3,000 shares held in treasury.