Daiichi Kensetsu Corporation (TSE:1799) announces a share repurchase program. Under the program, the company will repurchase up to 930,000 shares, representing 4.78% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,300 million. The purpose of the program is to improve capital efficiency and enhance shareholder returns.

The program will be valid till February 28, 2025. As of March 31, 2023, the company had 19,462,768 issued shares (excluding treasury stock) and 1,395,723 shares in treasury.