Kajima Corporation (TSE:1812) announces a share repurchase program. Under the program, the company will repurchase up to 7,000,000 shares, representing 1.44% of its total shares outstanding (excluding treasury shares), for a total of ¥10,000 million. The purpose of the program is to improve capital efficiency and to enhance shareholder returns.

The repurchase program is valid till September 30, 2023. As of April 30, 2023, the company had 487,031,290 shares outstanding (excluding treasury shares) and had 41,624,721 shares in treasury.