Daiwa House completes JPY 99.9bn share buyback

Daiwa House Industry announced the completion of its share repurchase program, as resolved by the board on August 7, 2024. Between March 1, 2025, and March 26, 2025, the company acquired 2,390,600 shares of its common stock at a total cost of JPY 11,954,459,348 through market purchases on the Tokyo Stock Exchange. This brings the total shares repurchased under the program to 21,362,700 shares, for a total cost of JPY 99,999,826,652. The initial buyback program authorized the repurchase of up to 22,000,000 shares, representing 3.44% of outstanding shares (excluding treasury stock), at a maximum total acquisition cost of JPY 100,000 million. The repurchase program ran from August 8, 2024, to March 31, 2025.