Nomura Real Estate Master Fund, Inc. (TSE:3462) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, representing 1.27% of its share capital, for ¥7,000 million. The purpose of the program is to improve capital efficiency and returning profits to investors by repurchasing its shares.

The repurchased shares will be cancelled. The program will expire on August 15, 2024. As of July 9, 2024, the company had 4,715,200 shares in issue (excluding treasury stock) and no shares in treasury.