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Miyazaki Bank Ltd. ( (JP:8393) ) has shared an announcement.
The Miyazaki Bank, Ltd. has announced a resolution to acquire up to 350,000 of its own common shares, representing 2.06% of its total issued shares, with a maximum acquisition cost of ¥1.0 billion. This move aims to enhance capital efficiency and return profits to shareholders, potentially impacting the bank’s financial standing and shareholder value positively.
More about Miyazaki Bank Ltd.
The Miyazaki Bank, Ltd. operates in the financial services industry, focusing on providing banking solutions. It is listed on the TSE Prime Market and the Fukuoka Stock Exchange, indicating its significant presence in the Japanese financial market.
Average Trading Volume: 40,192
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen50.58B
For detailed information about 8393 stock, go to TipRanks’ Stock Analysis page.