The Board of Directors of Kawasaki Geological Engineering Co., Ltd. (JASDAQ:4673) authorized a share repurchase program on January 19, 2012. Under the program, the company will repurchase up to 120,000 shares, representing 2.75% of its issued share capital, for a total cost of ¥90 million. The purpose of the repurchase program is to enable the implementation of a flexible capital policy corresponding to changes in the business environment. The plan is subject to Kawasaki Geological Engineering's shareholders approval at the General Meeting to be held on February 28, 2012. The plan will commence on February 28, 2012 and will continue until February 26, 2013. As of January 19, 2012, the company has 4,367,351 shares outstanding and 922,549 shares held in treasury.

On February 28, 2012, the shareholders of the company approved the program at its General Meeting.

Kawasaki Geological Engineering Co., Ltd.'s share repurchase program expired on January 25, 2013. Under the plan, the company has repurchased 75,000 shares, representing 1.72% for ¥34.74 million.