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Hokuhoku Financial Group Launches ¥6 Billion Share Buyback and Cancellation Program

Story Highlights
  • Hokuhoku Financial Group will repurchase up to 1.7 million shares for ¥6 billion via market purchases.
  • All repurchased shares will be cancelled in April 2026 to boost capital efficiency and shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hokuhoku Financial Group Launches ¥6 Billion Share Buyback and Cancellation Program

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Hokuhoku Financial Group, Inc. ( (JP:8377) ) has provided an announcement.

Hokuhoku Financial Group’s board has approved a share buyback of up to 1.7 million common shares, representing about 1.40% of its outstanding stock (excluding treasury shares), for a total purchase price of up to ¥6 billion through market purchases on the Tokyo Stock Exchange between January 6 and April 17, 2026. The company plans to cancel all shares acquired in this program on April 30, 2026, aiming to return profits to shareholders and enhance capital efficiency and corporate value, a move that could support earnings per share and signal management’s confidence in its financial position.

The most recent analyst rating on (JP:8377) stock is a Buy with a Yen4742.00 price target. To see the full list of analyst forecasts on Hokuhoku Financial Group, Inc. stock, see the JP:8377 Stock Forecast page.

More about Hokuhoku Financial Group, Inc.

Hokuhoku Financial Group, Inc. is a regional financial holding company listed on the Tokyo Stock Exchange Prime Market and the Sapporo Securities Exchange, headquartered in Toyama, Japan. The group operates primarily in banking and related financial services, focusing on serving local and regional customers while managing its capital structure to balance growth, stability and shareholder returns.

Average Trading Volume: 421,527

Technical Sentiment Signal: Buy

Current Market Cap: Yen566.3B

For an in-depth examination of 8377 stock, go to TipRanks’ Overview page.

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