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Hyakujushi Bank Announces Treasury Share Repurchase Plan

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Hyakujushi Bank Announces Treasury Share Repurchase Plan

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Hyakujushi Bank, Ltd. ( (JP:8386) ) has provided an update.

Hyakujushi Bank, Ltd. has announced its decision to repurchase treasury shares through the Tokyo Stock Exchange’s off-auction trading system, ToSTNeT-3. The bank plans to acquire up to 174,300 common shares, which represents 0.61% of its total issued shares, at a maximum cost of 1,099,833,000 yen. This strategic move is part of the bank’s efforts to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (JP:8386) stock is a Buy with a Yen6608.00 price target. To see the full list of analyst forecasts on Hyakujushi Bank, Ltd. stock, see the JP:8386 Stock Forecast page.

More about Hyakujushi Bank, Ltd.

Hyakujushi Bank, Ltd. operates in the financial industry, providing banking services and products. It is listed on the Tokyo Stock Exchange and focuses on serving its customers with a range of financial solutions.

Average Trading Volume: 106,322

Technical Sentiment Signal: Buy

Current Market Cap: Yen174.7B

See more insights into 8386 stock on TipRanks’ Stock Analysis page.

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