The Daito Bank, Ltd. (TSE:8563) announces a share repurchase program. Under the program, the company will repurchase up to 40,000 shares, representing 0.32% of its issued share capital (excluding treasury stock), for ¥33 million. The purpose of the program is to apply it to allocate to shares to be issued in connection with restricted stock compensation.

The program will run until June 20, 2024. As of April 30, 2024, the company had 12,687,463 shares in issue (excluding treasury stock) and 13,999 shares in treasury.