{"url_path":"/sec/djco/8-k/2026-09-11/item-8-01","section_key":"item-8-01","section_title":"Item 8.01 **        **Other Events**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-09-11","source_url":"https://www.sec.gov/Archives/edgar/data/783412/0001437749-26-030183-index.html","accession_number":"0001437749-26-030183","cik":"0000783412","ticker":"DJCO","issuer_name":"DAILY JOURNAL CORP","edgar_url":"https://www.sec.gov/Archives/edgar/data/783412/0001437749-26-030183-index.html","primary_entity_key":"0000783412","primary_entity_name":"DAILY JOURNAL CORP"},"word_count":231,"has_tables":true,"body_markdown":"**Item 8.01**        **Other Events**\n\n \n\nShare Repurchase Authorization. On September 10, 2026, the Board authorized a share repurchase framework (the “Repurchase Framework”) permitting the Company to repurchase up to 35,000 shares of its outstanding common stock, par value $0.01 per share. The Repurchase Framework expires on September 30, 2027.\n\n \n\nRepurchases under the Repurchase Framework may be made from time to time in open-market transactions intended to comply with the safe harbor provided by Rule 10b-18 under the Securities Exchange Act of 1934, as amended.\n\n \n\nThe authorization does not require the Company to purchase any shares. Management will determine the timing and amount of repurchases, within the authority granted by the Board, after considering the share price, prevailing economic, business and market conditions, and other available uses of capital. Repurchases may be suspended or discontinued at any time.\n\n \n\nDirector Resignation Policy.  In advance of the Special Meeting the Board approved a policy requiring a director to resign if he or she receives more “no” votes than “yes” votes in an uncontested election, with the policy’s formal adoption to be effective following shareholder approval of the Amendment. Such approval having occurred at the Special Meeting, the policy formally became effective as of September 10, 2026.  Any resignation under this policy would be effective upon acceptance by the Board.  The full text of the policy is attached as Exhibit 99.1 and incorporated herein by reference."}