Daiichi Kensetsu Corporation (TSE:1799) announces a share repurchase program. Under the program, the company will repurchase up to 690,000 shares, representing 3.41% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,000 million. The shares will be repurchased at a price of ¥1,440 per share.

The purpose of the program is to enable the implementation of agile capital policies in response to changes in the business environment and shareholder returns and improvement of capital efficiency. The program will be valid till September 30, 2022. As of September 22, 2022, the company had 20,251,614 issued shares (excluding treasury stock) and 606,877 treasury shares.