Hokkoku Financial Holdings, Inc. (TSE:7381) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 10.04% of its issued share capital (excluding treasury stock), for a total purchase price of ¥9,000 million. The purpose of the program is to implement flexible capital policy corresponding to changes in management environment, to prepare for the allocation of shares through the performance share unit for directors and the allocation of restricted shares for employees, and to enhance shareholder returns.

The program will be valid till March 29, 2024. As of April 21, 2023, the company had 24,891,943 issued shares (excluding treasury stock) and 2,016,639 treasury shares.