Gunma Bank Completes Recent Treasury Shares Buyback

Gunma Bank (JP:8334) has released an update.

The Gunma Bank, Ltd. recently completed a purchase of treasury shares, acquiring a total of 358,500 common shares at a cost of 344,699,920 yen between August 29 and August 31, 2024. This buyback is part of a larger program announced on August 28, 2024, by the bank’s board of directors, which allows for the acquisition of up to 7 million shares (1.80% of the total issued shares, excluding treasury shares) for a total cost of up to 5 billion yen by October 18, 2024.

For further insights into JP:8334 stock, check out TipRanks’ Stock Analysis page.