The Hachijuni Bank, Ltd. (TSE:8359) announces a share repurchase program. Under the program, the company will repurchase up to 8,500,000 shares, representing 1.71% of its share capital, for ¥3,000 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment and return profits to all shareholders. The share repurchase program will run until November 29, 2019. As of July 31, 2019, the company had 496,009,012 shares outstanding (excluding treasury shares) and 15,094,399 shares in treasury.