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Akita Bank Updates Shareholder Return Policy with Increased Dividend Payout

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Akita Bank Updates Shareholder Return Policy with Increased Dividend Payout

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Akita Bank, Ltd. ( (JP:8343) ) just unveiled an update.

Akita Bank, Ltd. has announced a change in its shareholder return policy, increasing the target dividend payout ratio to at least 40% from the previous 30%. This change aligns with the bank’s new medium-term management plan, which aims to enhance corporate value through sustainable profit growth and progressive dividends, while also considering market conditions and investment opportunities.

More about Akita Bank, Ltd.

Akita Bank, Ltd. operates in the financial services industry, focusing on providing banking services. The company is committed to enhancing internal reserves for sound management and maintaining stable dividends, with a focus on improving shareholder profits and capital efficiency.

Average Trading Volume: 62,615

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen42.98B

For detailed information about 8343 stock, go to TipRanks’ Stock Analysis page.

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