The Board of Directors of GEO DINOS Co., Ltd. (JASDAQ:4650) authorized a share repurchase program on May 9, 2013. Under the program, the company will repurchase up to 30,000 shares, representing 0.7% of outstanding shares for a total of ¥10.5 million. The purpose of repurchase is to strive for a dynamic capital strategy responsive to changes in the business world. Repurchases will be made in accordance with article 156 in lieu of article 165, section 3 of the Companies Act. The repurchase program will commence on May 9, 2013 and will be valid till May 20, 2013. As of May 9, 2013, the company has 4,258,406 shares outstanding and 1,440,052 shares were held under treasury.

As on May 10, 2013, the company authorized a repurchase up to 14,400 shares, representing 0.34% to total outstanding shares for ¥5.82 million at a price of ¥404 per share. The repurchases will be made in the J-NET market of the Osaka Securities Exchange and will be valid till May 13, 2013.

As of May 13, 2013, the company has repurchased 14,400 shares, representing 0.34% to total outstanding shares for ¥5.82 million at a price of ¥404 per share.

GEO DINOS Co., Ltd.'s share repurchase program expired on May 20, 2013.