Mitsui Fudosan Co., Ltd. (TSE:8801) announces a share repurchase program. Under the program, the company will repurchase up to 40,000,000 shares, representing 1.43% of its total shares outstanding excluding treasury shares, for a total of ¥40,000 million. The purpose of repurchase program is to enhance returns to shareholders, based on the shareholder return policy, and as part of the company?s flexible capital policy.

The repurchase program is valid till March 31, 2025. As of March 31, 2024, the company had 2,802,152,121 shares outstanding excluding treasury shares and had 8,481,600 shares in treasury.