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Oita Bank Enhances Shareholder Value with Treasury Stock Repurchase

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Oita Bank Enhances Shareholder Value with Treasury Stock Repurchase

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The latest announcement is out from Oita Bank ( (JP:8392) ).

Oita Bank has repurchased 200,000 shares of its common stock for a total of 934 million yen as part of its strategy to enhance shareholder returns and improve capital efficiency. This move is part of a broader plan approved by the Board of Directors to purchase up to 300,000 shares or a maximum of 1 billion yen worth of stock by September 30, 2025, through market purchases and the ToSTNeT-3 system.

More about Oita Bank

Oita Bank operates in the financial services industry, primarily offering banking services. It is listed on the Tokyo Stock Exchange and the Fukuoka Stock Exchange, focusing on enhancing shareholder returns and improving capital efficiency.

Average Trading Volume: 46,739

Technical Sentiment Signal: Buy

Current Market Cap: Yen71.1B

See more insights into 8392 stock on TipRanks’ Stock Analysis page.

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