The Toho Bank, Ltd. (TSE:8346) announces a share repurchase program. Under the program, the company will repurchase 4,000,000 shares, representing 1.59% of its share capital, for ¥1,000 million. The purpose of the program is to return profits to shareholders by improving capital efficiency through the implementation of flexible capital policies, taking into consideration market trends, business outlook, etc.

The program will run until June 21, 2024. As of March 31, 2024, the company had 252,263,885 shares outstanding (excluding treasury shares) and 236,115 shares in treasury.