Bank of Innovation,Inc. (TSE:4393) announces a share repurchase program. Under the program, the company will repurchase up to 140,000 shares, representing 3.51% of its total shares outstanding excluding treasury shares, for a total of ¥500 million. The purpose of repurchase program is to increase shareholder value per share of our company's stock over the medium to long term.

The repurchase program is valid till September 30, 2024. As of February 29, 2024, the company had 3,988,340 shares outstanding excluding treasury shares and had 14,660 shares in treasury.