KIDO Group Corporation (HOSE:KDC) announces a share repurchase program. Under the plan, the company will repurchase up to 10,000,000 shares, representing 6.36% of its outstanding shares. The purpose of the program is to reduce charter capital.

The repurchase is valid till 2023. As of December 12, 2022, the company has 279,741,356 shares issued and 22,517,346 shares in treasury.