Nishi-Nippon Financial Holdings, Inc. (TSE:7189) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 3.46% of its issued share capital (excluding treasury stock), for a total purchase price of ¥2,500 million. The purpose of the program is to enhance the return of profits to shareholders and improve capital efficiency.

The program will continue through the end of February 2022. As of September 30, 2022, the company had 144,326,000 issued shares (excluding treasury stock) and 7,270,955 treasury shares.