Hokuhoku Financial Group completes share buyback program

Hokuhoku Financial Group (TSE: 8377) announced the completion of its own share acquisition program, initiated under Article 165 of the Companies Act, as resolved at the Board of Directors meeting on May 12, 2025. Between June 1, 2025 and June 23, 2025, the company acquired 689,200 of its own common shares, bringing the total shares repurchased under the program to 1,456,300. The total cost for these additional shares was JPY 1,890,440,600, with the shares acquired on the Tokyo Stock Exchange through discretionary trading. The initial plan, approved in May, authorized the purchase of up to 2,000,000 shares, representing approximately 1.62% of the outstanding shares (excluding treasury shares), for a total amount not exceeding JPY 4,000,000,000 between May 13, 2025, and July 31, 2025. With the latest buyback, the company has utilized nearly the full authorized amount of the program.