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The latest announcement is out from Chiba Kogyo Bank, Ltd. ( (JP:8337) ).
Chiba Kogyo Bank, Ltd. announced its decision to repurchase 500,000 Class II Preferred Shares, which constitute 25% of the total shares issued, at a price of 4,000 yen per share. This move aims to reduce future dividend burdens and enhance the bank’s financial standing by excluding these shares from core capital calculations, thereby increasing the value of its common shares.
The most recent analyst rating on (JP:8337) stock is a Hold with a Yen1663.00 price target. To see the full list of analyst forecasts on Chiba Kogyo Bank, Ltd. stock, see the JP:8337 Stock Forecast page.
More about Chiba Kogyo Bank, Ltd.
Chiba Kogyo Bank, Ltd. operates in the financial services industry, focusing on providing banking services and financial solutions. The bank is listed on the Tokyo Stock Exchange Prime Market and is involved in maintaining and enhancing its financial standing through strategic financial decisions.
Average Trading Volume: 346,518
Technical Sentiment Signal: Buy
Current Market Cap: Yen104.4B
For detailed information about 8337 stock, go to TipRanks’ Stock Analysis page.