The Hyakujushi Bank, Ltd. (TSE:8386) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 2.37% of its share capital, for ¥1,000 million. The purpose of the program is to return profits to shareholders and improve capital efficiency.

The program will expire on July 29, 2022. As of March 31, 2022, the company had 29,580,764 shares in issue (excluding treasury stock) and 419,236 shares in treasury.