Nihon House Holdings Co., Ltd. (TSE:1873) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 21.76% of its issued share capital, for total worth of ¥2,000 million. The spurpose of the share repurchases is to improve capital efficiency and return profits to shareholders. The program is valid till December 14, 2021. As of October 31, 2020, the company had 45,964,842 shares are in issue and 93,521 shares are in treasury.