The Hachijuni Bank, Ltd. (TSE:8359) announces a share repurchase program. Under the program, the company will repurchase up to 12,500,000 shares, representing 2.53% of its share capital, for ¥10,000 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment and return profits to all shareholders.

The share repurchase program will run until March 31, 2024. As of June 30, 2023, the company had 494,381,336 shares outstanding (excluding treasury shares) and 19,386,088 shares in treasury.