Seven Bank, Ltd. (TSE:8410) announces a share repurchase program. Under the program, the company will repurchase up to 3,835,200 shares, representing 0.33% of its share capital, for ¥1,300 million. The purpose of the program is to enhance motivation and morale and to further strengthen the cohesiveness of the company and to expand its performance and corporate value over the medium to long term.

The program will expire on December 11, 2023 or on the date which the acquisition is completed for all the number of shares to be acquired. As of September 30, 2023, the company had 1,173,739,938 shares in issue (excluding treasury stock) and 5,568,062 shares in treasury.