Daiichikosho Co., Ltd. (TSE:7458) announces a share repurchase program. Under the program, the company will repurchase 250,000 shares, representing %0.23 of its share capital, for ¥2,000 million. The company will repurchase its shares in order to improve capital efficiency and return profits to shareholders.

The program will run until August 31, 2024. As of May 13, 2024, the company had 109,468,400 shares outstanding (excluding treasury shares) and 2,613,807 shares in treasury.