Obayashi completes share buyback program

Obayashi Corporation announced on December 25, 2025, the completion of its treasury share acquisition program. The program commenced following a board resolution on August 8, 2025. For the period of December 1 to December 23, 2025, the company acquired 2,297,000 common shares at a total cost of 7,356,480,301 yen through market purchases on the Tokyo Stock Exchange.

The completed program, based on the August 8, 2025, resolution, aimed to acquire up to 25,000,000 shares, representing 3.6% of outstanding shares (excluding treasury shares), with a maximum total acquisition cost of 40,000,000,000 yen. The acquisition period was set from August 12 to December 30, 2025.

Cumulatively, Obayashi acquired a total of 15,139,700 shares for 39,999,879,855 yen under this program. All acquired treasury shares are scheduled to be canceled in accordance with Article 178 of the Companies Act, based on a resolution by the board of directors.