First Bank of Toyama Nearly Completes ¥5.5 Billion Share Buyback via ToSTNeT-3

First Bank of Toyama Ltd. ( (JP:7184) ) has shared an announcement.

The First Bank of Toyama has conducted a significant repurchase of its own shares via the Tokyo Stock Exchange’s off-auction treasury share repurchase trading system, ToSTNeT-3. The bank bought 1,900,800 common shares for a total of ¥4.75 billion on May 13, 2026, as part of a broader buyback authorization approved by its board.

This transaction nearly exhausts the approved ceiling of up to 2,000,000 shares and ¥5.5 billion for the buyback program running through May 29, 2026. With the completion of this off-auction purchase, the sale of the bank’s shares by a non-life insurance company shareholder has been finalized, marking a shift in the shareholder base and potentially tightening the bank’s free float and capital structure.

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 under code 7184. It operates in commercial banking, providing financial services such as deposits, lending, and related products primarily to customers in its home region of Toyama and surrounding areas.

Average Trading Volume: 275,769

Technical Sentiment Signal: Buy

Current Market Cap: Yen163.5B

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