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An announcement from Hokuhoku Financial Group, Inc. ( (JP:8377) ) is now available.
Hokuhoku Financial Group, Inc. has announced a decision by its Board of Directors to acquire its own shares, aiming to enhance shareholder value and improve capital efficiency. The company plans to purchase up to 2,000,000 common shares, representing 1.62% of its total issued shares, with a total acquisition cost of ¥4,000,000,000. This move is expected to positively impact the company’s capital policies and return profits to shareholders.
More about Hokuhoku Financial Group, Inc.
Hokuhoku Financial Group, Inc. operates in the financial services industry, focusing on providing banking and financial solutions. The company is listed on the Tokyo Stock Exchange Prime Market and the Sapporo Securities Exchange.
Average Trading Volume: 511,287
Technical Sentiment Signal: Buy
Current Market Cap: Yen332.4B
See more data about 8377 stock on TipRanks’ Stock Analysis page.