The Board of Directors of Osaka Steel Co., Ltd. (OSE:5449) authorized a share repurchase program on May 18, 2012. Under the program, the company will repurchase up to 2,000,000 shares, representing 4.73% of the share capital.

Osaka Steel Co., Ltd.'s share repurchase program expired on August 10, 2012. Under the program, the company repurchased 1,016,300 shares, representing 2.4% of it shares, for ¥1.42 billion.