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An announcement from Daito Construction ( (JP:1878) ) is now available.
Daito Trust Construction has resolved to implement a new share buyback program under Japan’s Companies Act and its Articles of Incorporation, authorizing the repurchase of up to 9 million shares of common stock, equivalent to about 2.7% of its outstanding shares excluding treasury stock. The company plans to spend up to ¥25 billion on the buyback between January 31, 2026 and January 31, 2027, aiming to enhance capital efficiency and return profits to shareholders; the move signals continued focus on shareholder returns and balance sheet optimization, given its existing treasury share holdings of over 11.7 million shares against roughly 332.9 million shares outstanding.
The most recent analyst rating on (JP:1878) stock is a Hold with a Yen3130.00 price target. To see the full list of analyst forecasts on Daito Construction stock, see the JP:1878 Stock Forecast page.
More about Daito Construction
Daito Trust Construction Co., Ltd. is a Japan-based construction and real estate company listed on the Prime Market of the Tokyo Stock Exchange and the Premier Market of the Nagoya Stock Exchange, with an ADR Level I program in the U.S. The company operates primarily in building construction and related property services, serving domestic housing and real estate markets while maintaining a significant base of listed equity and treasury shares.
Average Trading Volume: 1,446,089
Technical Sentiment Signal: Hold
Current Market Cap: Yen1054.8B
Find detailed analytics on 1878 stock on TipRanks’ Stock Analysis page.