The Miyazaki Bank, Ltd. (TSE:8393) announces a share repurchase program. Under the program, the company will repurchase up to 330,000 shares, representing 1.91% of its issued share capital (excluding treasury stock), for ¥1,200 million. The purpose of the program is to return profits to shareholders by improving capital efficiency.

The program will run until September 30, 2024. As of April 22, 2024, the company had 17,317,355 shares in issue (excluding treasury stock) and 316,045 shares in treasury.