Taisei Corporation (TSE:1801) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 1.36% of its share capital, for ¥10,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency.

All of the treasury stock to be acquired will be canceled. The program will expire on September 30, 2024. As of March 31, 2024, the company had 184,392,312 shares in issue (excluding treasury stock) and 403,160 shares in treasury.