Daihatsu Diesel Mfg. Co., Ltd. (TSE:6023) announces a share repurchase program. Under the program, the company will repurchase up to 292,000 shares, representing 0.92% of its issued share capital (excluding treasury stock), for a total purchase price of ¥135.2 million.

The shares will be repurchased at a price of ¥463 per share. The purpose of the program is improve capital efficiency and implement agile capital policies in response to changes in the business environment. The program will be valid till May 23, 2022.

As of April 30, 2022, the company had 31,756,665 issued shares (excluding treasury stock) and 93,335 treasury shares.