Nireco Corporation (JASDAQ:6863) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 3.91% of its issued share capital, at a price of ¥670 per share, for a total of ¥201 million. Repurchases will be made on the Tokyo Stock Exchange through Off-auction Own Share Repurchase method.

As of April 30, 2014, the company has 7,661,378 shares excluding treasury and 1,543,871 shares in treasury.