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Miyazaki Bank Ltd. ( (JP:8393) ) has issued an announcement.
Miyazaki Bank Ltd. has completed the repurchase of 120,000 of its own common shares, representing 0.70% of the total issued shares, at a cost of ¥532,800,000. This strategic move, executed through the ToSTNeT-3 trading system, aligns with the bank’s previously announced plan to acquire up to 350,000 shares, potentially enhancing shareholder value and optimizing capital structure.
More about Miyazaki Bank Ltd.
Miyazaki Bank Ltd. operates in the financial services industry, focusing on providing banking services and products. It is listed on the TSE Prime Market and the Fukuoka Stock Exchange.
Average Trading Volume: 47,882
Technical Sentiment Signal: Buy
Current Market Cap: Yen74.28B
For a thorough assessment of 8393 stock, go to TipRanks’ Stock Analysis page.