The Shizuoka Bank, Ltd. (TSE:8355) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 1.71% of its share capital, for ¥10,000 million. The company will repurchase its shares in order to improve corporate value by improving capital efficiency. The share repurchase program will run until June 21, 2019. As of March 31, 2019, the company had 583,903,219 shares outstanding (excluding treasury shares) and 31,225,850 shares in treasury.