The Aomori Bank, Ltd. (TSE:8342) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 1.46% of its outstanding shares excluding treasury shares for ¥1,000 million. The purpose of the program is to accomplish a flexible capital policy in response to the changes in the business environment and to achieve the return of profits to the shareholders.

The shares will be repurchased in accordance with article 156, section 3 of the Companies Act. The program will be valid until August 28, 2015. As of January 31, 2015, the company had 206,039,531 outstanding shares excluding treasury shares and 1,082,084 shares in treasury.