The Board of Directors of Beauty Kadan Co., Ltd. (TSE:3041) authorized a share repurchase program on June 14, 2013. Under the program, the company will repurchase up to 100,000 shares, representing 2.32% of its issued share capital, for a total cost of up to ¥40 million. The purpose of the repurchase program is to implement a flexible capital policy in response to changes in the business environment and further promote the profit returns to shareholders.

The plan will commence on June 17, 2013 and will continue until September 30, 2013. As of June 14, 2013, the company has 21,530 shares outstanding and 3,850 shares held in treasury. On July 1, 2013, the company announced 200 for 1 share split.