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Hyakugo Bank Announces Share Buyback to Optimize Capital Structure

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Hyakugo Bank Announces Share Buyback to Optimize Capital Structure

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Hyakugo Bank ( (JP:8368) ) has provided an announcement.

Hyakugo Bank has announced the acquisition of its own shares, acquiring 817,200 common shares at a total cost of 578,402,700 yen through market purchases on the Tokyo Stock Exchange. This move is part of a broader plan approved by the Board of Directors to acquire up to 4,000,000 shares, aiming to enhance shareholder value and optimize the capital structure.

More about Hyakugo Bank

Hyakugo Bank is a financial institution operating in the banking industry, primarily offering banking services and products. It is listed on the Tokyo Stock Exchange and the Nagoya Stock Exchange, focusing on financial services in Japan.

YTD Price Performance: 13.03%

Average Trading Volume: 560,450

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen179B

For an in-depth examination of 8368 stock, go to TipRanks’ Overview page.

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