Nishi-Nippon Financial Holdings, Inc. (TSE:7189) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 1.02% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,000 million. The purpose of the program is to enhance the return of profits to shareholders and improve capital efficiency.

The program will continue through the end of March 2022. As of December 31, 2021, the company had 147,138,277 issued shares (excluding treasury stock) and 12,458,678 treasury shares.