The Musashino Bank, Ltd. (TSE:8336) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 1.19% of its issued share capital, for ¥1,000 million. The purpose of the program is to return profits to shareholders by improving capital efficiency through execution of a flexible capital policy.

The program will be valid till August 10, 2023. As of March 31, 2023, the company had 33,534,839 issued shares (excluding treasury stock) and 270,617 treasury shares.