The Board of Directors of The Kosei Securities Co., Ltd. (TSE:8617) authorized a share repurchase program on May 23, 2012. Under the program, the company will repurchase up to 1,350,000 shares, representing 1.44% of its shares, for a total cost of ¥100 million. The repurchase program will commence on May 24, 2012, and will run till March 25, 2013. As of February 28, 2013, the company has repurchased 120,000 shares, representing 0.13% of its shares, for ¥8.76 million.

The Kosei Securities Co., Ltd.'s share repurchase program expired on March 25, 2013.