Dai Nippon Printing Co., Ltd. (TSE:7912) announces a share repurchase program. Under the program, the company will repurchase up to 20,000,000 shares, representing 8.31% of its issued share capital (excluding treasury stock), for a total purchase price of ¥50,000 million. The purpose of the program is to improve capital efficiency, return profits to shareholders, and enable future flexible capital policies.

The program will be valid till September 30, 2024. As of February 29, 2024, the company had 240,600,395 shares outstanding (excluding treasury shares) and 51,639,951 shares in its treasury.