Global One Real Estate Investment Corp. (TSE:8958) announces a share repurchase program. Under the program, the company will repurchase up to 25,000 units, representing 2.44% of its investment units issued (excluding own investment units) for ¥2,000 million.

The purpose of the program is to increase capital efficiency and return profits to unitholders. The units repurchased will be retired. The repurchase program will continue until August 30, 2024.

As of June 25, 2024, the company has 1,022,826 units in issue and does not hold any of its own investment units.