The Bank of Toyama, Ltd. (TSE:8365) announces a share repurchase program. Under the program, the company will repurchase up to 30,000 shares, representing 0.55% of its share capital, for ¥70 million. The company will repurchase its shares in order to improve capital efficiency and prepare for the delivery of restricted stock compensation.

The share repurchase program will run until March 24, 2022. As of December 31, 2021, the company had 5,439,479 shares issued (excluding treasury shares) and 4,921 shares in treasury