The Nanto Bank, Ltd. (TSE:8367) announces a share repurchase program. Under the program, the company will repurchase up to 800,000 shares, representing 2.45% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,800 million. The shares will be repurchased at a price of ¥2,019 per share.

The purpose of the program is to improve capital efficiency and implement a flexible capital policy that responds to changes in the business environment. The program will be valid till August 3, 2022. As of March 31, 2022, the company has 32,626,645 issued shares (excluding treasury stock) and 399,011 treasury shares.