Daiwa House Industry Co., Ltd. (TSE:1925) announces a share repurchase program. Under the program, the company will repurchase 22,000,000 shares, representing 3.44% of its share capital (excluding treasury shares), for ¥100,000 million. The purpose of the program is to improve capital efficiency toward achieving the capital policy.

The program will run until March 31, 2025. As of July 31, 2024, the company had 639,821,520 shares outstanding (excluding treasury shares) and 19,530,300 shares in treasury.