Sekisui House, Ltd. (TSE:1928) announces a share repurchase program. Under the program, the company will repurchase up to 18,000,000 shares, representing 2.72% of its total shares outstanding (excluding treasury shares), for a total of ¥40,000 million. The purpose of repurchase program is to improve shareholder returns through execution of agile capital policy in response to changes in the business environment and to improve the capital efficiency.

The repurchase program is valid till January 31, 2024. As of February 28, 2023, the company had 662,301,824 shares outstanding (excluding treasury shares) and had 22,381,642 shares in treasury.