Sata Construction Co., Ltd. (TSE:1826) announces a share repurchase program. Under the program, the company will repurchase up to 220,000 shares, representing 1.42% of its total shares outstanding (excluding treasury shares), for a total of ¥100 million. The purpose of repurchase program is to enhance shareholder returns and to improve capital efficiency.

The repurchase program is valid till March 24, 2023. As of October 31, 2022, the company had 15,520,131 shares outstanding (excluding treasury shares) and had 1,102 shares in treasury.