Daitobo Co., Ltd. (TSE:3202) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 0.99% of its share capital, for ¥36 million. The purpose of the program is to improve the level of shareholder returns and to implement a flexible capital policy in response to changes in the business environment.

The program will expire on June 21, 2024. As of March 31, 2023, the company had 30,291,150 shares in issue (excluding treasury stock) and 68,850 shares in treasury.