Chiba Bank Announces Share Buyback Plan
Company Announcements

Chiba Bank Announces Share Buyback Plan

Chiba Bank (JP:8331) has released an update.

The Chiba Bank has announced a plan to acquire up to 12 million of its own shares, aiming to enhance shareholder returns by improving capital efficiency. The acquisition, set to take place between November 12, 2024, and January 31, 2025, will cost up to 10 billion yen and represents 1.67% of issued shares. This move is part of the bank’s strategy to strengthen its financial position and shareholder value.

For further insights into JP:8331 stock, check out TipRanks’ Stock Analysis page.

Related Articles
Christine BrownCHBAF Earnings this Week: How Will it Perform?
TipRanks Japan Auto-Generated NewsdeskChiba Bank Announces Growth in Early FY2024
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App