DIP Corporation (TSE:2379) announces a share repurchase program. Under the program, the company will repurchase 1,500,000 shares, representing 2.61% of the outstanding shares for ¥3,000 million. The purpose of the program is to improve capital efficiency and implement a flexible capital policy that responds to changes in the business environment, increase shareholder value per share, and enhance the return of profits to shareholders.

The program will run until May 31, 2024. As of November 30, 2023, the company had 57,421,817 shares outstanding and 2,718,183 shares in treasury.