The Hyakujushi Bank, Ltd. (TSE:8386) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 0.87% of its share capital, for ¥500 million. The purpose of the program is to return profits to shareholders and improve capital efficiency.

The program will expire on September 10, 2024. As of March 31, 2024, the company had 28,688,869 shares in issue (excluding treasury stock) and 101,131 shares in treasury.