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Nishi-Nippon City Bank completes share repurchase plan

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Nishi-Nippon City Bank completes share repurchase plan

Nishi-NipponCity Bank Ltd. completed the repurchase of 5,131,000 company sharesfor ¥1 billion.

The Japanese regional bank repurchased the shares from May11 to July 5, the lender said July 6.

Nishi-Nippon City Bank on May 10 decided it would buy backup to 6 million shares, or 0.76% of its outstanding shares, for up to ¥1billion by the end of September.

As of July 6, US$1 was equivalent to ¥100.83.