Sanyu Construction Co.,Ltd. (TSE:1841) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 11.05% of its total shares outstanding (excluding treasury shares), for a total of ¥365.2 million. The shares will be repurchased at ¥913 per share.

The purpose of repurchase program is to improve capital efficiency and enable flexible capital policy execution. As of September 30, 2023, the company had 3,618,737 shares outstanding (excluding treasury shares) and had 381,263 shares in treasury.