Taisei Corporation (TSE:1801) announces a share repurchase program. Under the program, the company will repurchase up to 18,000,000 shares, representing 8.98% of its share capital, for ¥50,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency.

The program will expire on March 31, 2023. As of March 31, 2022, the company had 200,399,258 shares in issue (excluding treasury stock) and 404,114 shares in treasury.