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Awa Bank Completes ESOP Trust Share Acquisition

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Awa Bank Completes ESOP Trust Share Acquisition

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Awa Bank, Ltd. ( (JP:8388) ) just unveiled an announcement.

The Awa Bank, Ltd. announced the completion of its Employee Stock Ownership Plan Trust’s acquisition of 300,000 common shares via the Tokyo Stock Exchange’s ToSTNeT-2 system, amounting to 823,800,000 yen. This acquisition is part of the bank’s efforts to enhance employee ownership, potentially impacting its corporate governance and aligning employee interests with those of shareholders.

More about Awa Bank, Ltd.

The Awa Bank, Ltd. operates in the financial services industry, focusing on providing banking services. It is listed on the Tokyo Stock Exchange Prime Market under the securities code 8388.

Average Trading Volume: 86,805

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen107.4B

Learn more about 8388 stock on TipRanks’ Stock Analysis page.

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