The Board of Directors of Onex Corporation (JASDAQ:5987) authorized a share repurchase program on March 25, 2013. Under the program, the company will repurchase up to 1,000,000 shares, representing 5.72% of its outstanding shares for ¥131 million. The shares will be repurchased at a price of ¥131 per share based on the closing price of the shares as on March 25, 2013. The repurchases will be made from the Osaka Securities Exchange in the J-NET market. The shares will be acquired for shareholders' profits. The shares will be repurchased pursuant to Article 165 clause 2 of Corporate Law. The program will take place on March 26, 2013. As of February 28, 2013, the company has 17,477,600 outstanding shares excluding treasury and 154,000 shares in treasury.

Onex Corporation's share repurchase program expired on March 26, 2013. Under the plan, the company has repurchased 907,000 shares, representing 5.19% for ¥118.82 million.