Nishi-Nippon Financial Holdings, Inc. (TSE:7189) announces a share repurchase program. Under the program, the company will repurchase 2,000,000 shares, representing 1.41% of the outstanding shares for ¥2,000 million. The purpose of the program is to enhance the return of profits to shareholders and improve capital efficiency.

The program will run until the end of December 2023. As of September 30, 2023, the company had 141,633,276 shares outstanding (excluding treasury stock) and 6,963,679 shares in treasury.