Shimizu Corporation (TSE:1803) announces a share repurchase program. Under the program, the company will repurchase up to 13,000,000 shares, representing 1.80% of its issued share capital (excluding treasury stock), for ¥10,000 million. The purpose of the program is to make effective use of capital.

The program will run until May 10, 2024. As of January 31, 2024, the company had 720,338,312 shares in issue (excluding treasury stock) and 23,338,001 shares in treasury.