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An update from Gunma Bank ( (JP:8334) ) is now available.
The Gunma Bank, Ltd. announced its decision to cancel 10 million treasury shares, which constitutes 2.40% of its total issued shares, as resolved in a board meeting. This cancellation, planned for March 31, 2025, is expected to impact the bank’s share structure by reducing the total number of issued shares to 405,888,177, potentially affecting shareholder value and market perception.
More about Gunma Bank
The Gunma Bank, Ltd. operates in the financial services industry, primarily offering banking services. It is listed on the Tokyo Stock Exchange Prime Market and is led by President Akihiko Fukai.
YTD Price Performance: 9.69%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.96B
See more insights into 8334 stock on TipRanks’ Stock Analysis page.