Daiichi Co.,Ltd. (TSE:7643) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.75% of its total shares outstanding (excluding treasury shares), for a total of ¥200 million. The purpose of repurchase program is to improve shareholder returns and capital efficiency, and to implement flexible and agile capital policy that will respond to changes in the market environment, management environment, etc.

The repurchase program is valid till September 20, 2024. As of September 30, 2023, the company had 11,426,552 shares outstanding (excluding treasury shares) and had 12,088 shares in treasury.