The Hachijuni Bank, Ltd. (TSE:8359) announces a share repurchase program. Under the program, the company will repurchase 6,000,000 shares, representing 1.2% of the outstanding shares for ¥3,000 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment and to improve shareholder returns. The program will run until August 31, 2018. As of April 30, 2018, the company had 501,877,012 shares outstanding and 9,226,399 shares in treasury.