Daiwa Office Investment Corporation (TSE:8976) announces a share repurchase program. Under the program, the company will repurchase up to 7,000 units, representing 1.43% of its investment units outstanding (excluding treasury investment units), for ¥4,000 million. All the repurchased investment units will be cancelled.

The acquisition of investment units will lead to the enhancement of unitholder value over the medium to long term. The program will expire on May 16, 2022. As of February 24, 2022, the company has 488,088 investment units outstanding (excluding treasury investment units) and 0 units in treasury.