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Shinsei Bank completes share repurchase program

Shinsei Bank Ltd. completed its share repurchase program after reaching the set amount for the program.

The Japanese bank said it bought back 7,652,700 of its own shares for about ¥13 billion.

The bank's board previously approved a repurchase amount of up to ¥13 billion to acquire up to 13 million of the company's shares from May 14 to Nov. 14.

As of Oct. 16, US$1 was equivalent to ¥112.17.