Nomura Real Estate Holdings, Inc. (TSE:3231) announces a share repurchase program. Under the program, the company will repurchase 2,600,000 shares, representing 1.47% of its issued share capital, for ¥7,000 million. The purpose of the program is to return profits to shareholders and improve capital efficiency.

The repurchase program will expire on March 31, 2024. As of September 30, 2023, the company had 177,417,053 issued shares (excluding treasury stock) and 5,737,484 shares in treasury.