Daiwa Industries Ltd. (TSE:6459) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 0.2% of its issued share capital for ¥127.2 million. The shares will be repurchased at a price of ¥1,272 per share. The purpose of the program is to flexibly implement capital policies in response to changes in the business environment. The program is valid till September 28, 2021. As of December 31, 2020, the company had 51,148,867 shares issued (excluding treasury stock) and 568,348 shares in treasury.