Aichi Financial Group, Inc. (TSE:7389) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 0.4% of its issued share capital, for ¥500 million. The purpose of the program is to prepare for the payment of stock compensation.

The program will be valid till March 24, 2023. As of January 31, 2023, the company had 49,118,011 shares issued and 7,252 shares in treasury.