Daito Trust Construction Co.,Ltd. (TSE:1878) announces a share repurchase program. Under the program, the company will repurchase 4,000,000 shares, representing 5.85% of the outstanding shares for ¥50,000 million. The purpose of the program is to improve capital efficiency and return profits to shareholders.

The program will run until September 30, 2024. As of September 30, 2023, the company had 68,371,998 issued shares (excluding treasury stock) and 546,981 shares in treasury.