Daiwa House Industry Co., Ltd. (TSE:1925) announces a share repurchase program. Under the program, the company will repurchase 10,000,000 shares, representing 1.52% of its share capital, for ¥35,000 million. The company will repurchase its shares in order cancel treasury stock as part of shareholder returns.

The program will run until March 29, 2024. As of April 30, 2023, the company had 658,871,130 shares outstanding (excluding treasury shares) and 7,419,821 shares in treasury.