Obayashi completes own share acquisition program

Obayashi Corporation (TSE:1802) announced the completion of its own share acquisition program authorized on February 10, 2025. Between June 1, 2025, and June 23, 2025, the company acquired 1,939,400 of its own common shares through purchases on the Tokyo Stock Exchange at a total cost of JPY4,254,921,572. This completes the repurchase plan which authorized the acquisition of up to 20,000,000 shares at a maximum cost of JPY30,000,000,000, running from February 12, 2025, to June 30, 2025. Cumulatively, Obayashi acquired 14,558,600 shares at a total cost of JPY29,999,955,200 as part of this program. The company intends to cancel all acquired shares via Board resolution, following Article 178 of the Companies Act.