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Miyazaki Bank Reports Progress on Share Buyback Plan

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Miyazaki Bank Reports Progress on Share Buyback Plan

Elevate Your Investing Strategy:

Miyazaki Bank Ltd. ( (JP:8393) ) just unveiled an update.

Miyazaki Bank Ltd. announced the progress of its own share acquisition plan, which was resolved by the Board of Directors on May 9, 2025. As of May 31, 2025, the bank has acquired 31,000 common shares at a total cost of ¥102,256,500 through market purchases on the Tokyo Stock Exchange. The acquisition is part of a broader plan to acquire up to 350,000 shares, with a maximum budget of ¥1.0 billion, by September 30, 2025. This move is likely aimed at enhancing shareholder value and optimizing capital structure.

More about Miyazaki Bank Ltd.

Miyazaki Bank Ltd. operates in the financial services industry, focusing on banking services. It is listed on the Tokyo Stock Exchange and the Fukuoka Stock Exchange.

Average Trading Volume: 42,068

Technical Sentiment Signal: Buy

Current Market Cap: Yen57.87B

For a thorough assessment of 8393 stock, go to TipRanks’ Stock Analysis page.

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