The Naganobank, Ltd. (TSE:8521) announces a share repurchase program. Under the program, the company will repurchase 30,000 shares, representing 0.33% of the outstanding shares, at ¥1,991 per share for ¥59.73 million. Shares will be repurchased through the Tokyo Stock Exchange Off-Auction Own Share Repurchase Trading (ToSTNeT-3). The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. As of January 31, 2017, the company had 9,032,980 shares outstanding and 224,856 shares in treasury.