The Keiyo Bank, Ltd. (TSE:8544) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 1.97% of its issued share capital, for ¥1,500 million. The purpose of the program is to improve capital efficiency and enhance the return of profits to shareholders.

The program will be valid till January 31, 2024. As of October 31, 2023, the company had 126,610,487 issued shares (excluding treasury stock) and 7,317,371 treasury shares.