Matsui Construction Co., Ltd. (TSE:1810) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 0.69% of its issued share capital, for ¥200 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and carry out flexible capital policies in response to changes in the business environment.

The plan will be valid till May 31, 2024. As of December 31, 2023, the company had 29,120,861 issued shares (excluding treasury stock) and 1,459,139 treasury shares.