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The latest announcement is out from First Bank of Toyama Ltd. ( (JP:7184) ).
The First Bank of Toyama has approved a share repurchase program under Japan’s Companies Act, authorizing the acquisition of up to 2 million common shares, or 3.18% of its outstanding stock excluding treasury shares. The maximum total cost for the buyback is set at ¥5.5 billion, with purchases to be conducted on the market, including through the Tokyo Stock Exchange’s ToSTNeT-3 off-auction system, between May 13 and May 29, 2026.
As part of this framework, the bank will place a ToSTNeT-3 order at 8:45 a.m. on May 13, 2026, to repurchase shares at the May 12 closing price of ¥2,501, with a cap of ¥5.002 billion for this specific tranche. The move signals management’s intent to return capital to shareholders and potentially improve capital efficiency, though the bank notes that the actual volume repurchased may be adjusted depending on market conditions, which could influence liquidity and share price dynamics for investors.
More about First Bank of Toyama Ltd.
The First Bank of Toyama, Ltd. is a regional Japanese bank listed on the Tokyo Stock Exchange Prime Market, providing commercial banking services centered on Toyama Prefecture. As a local financial institution, it focuses on deposit-taking, lending and related financial services for individuals and businesses in its home market.
Average Trading Volume: 275,769
Technical Sentiment Signal: Buy
Current Market Cap: Yen163.5B
Find detailed analytics on 7184 stock on TipRanks’ Stock Analysis page.