DAIHEN Corporation (TSE:6622) announces a share repurchase program. Under the program, the company will repurchase 202,112 shares, representing 0.82% of the outstanding shares for ¥1,400 million. The repurchases will be made from company's subsidiary Shihen Tech Co., Ltd. The acquisition will be made on February 5, 2024.

As of February 1, 2024, the company had 24,619,026 shares outstanding and 2,484,265 shares in treasury.