Hokuhoku Financial Group, Inc. (TSE:8377) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 3.9% of its issued share capital for ¥4,000 million. The purpose of the program is to return profits to shareholders and improve capital efficiency and corporate value through a flexible capital policy.

The program will continue until August 10, 2023. As of March 31, 2023, the company had 128,130,370 shares in issue and 640,444 shares in treasury.