The Kita-Nippon Bank, Ltd. (TSE:8551) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.18% of its issued share capital (excluding treasury stock), for a total purchase price of ¥200 million. The purpose of the program is to implement agile capital policies in response to changes in the business environment and to return profits to shareholders.

The program will continue through March 31, 2022. As of January 31, 2022, the company had 8,482,128 issued shares (excluding treasury stock) and 311,648 treasury shares.