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Shiga Bank Completes Initial Phase of Share Repurchase Program

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Shiga Bank Completes Initial Phase of Share Repurchase Program

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Shiga Bank, Ltd. ( (JP:8366) ) has provided an announcement.

Shiga Bank, Ltd. announced the completion of its share repurchase program, acquiring 323,600 shares, which constitutes 0.68% of its total issued shares, for a total cost of JPY 1,499,886,000. This move is part of a larger strategy authorized by the board to repurchase up to 1,150,000 shares by March 24, 2025, reflecting the bank’s efforts to optimize its capital structure and potentially enhance shareholder value.

More about Shiga Bank, Ltd.

Shiga Bank, Ltd. is a financial institution operating in the banking industry, primarily offering common banking services such as savings, loans, and financial products. It is listed on the Tokyo Stock Exchange Prime Market, indicating a focus on providing comprehensive financial services to its clientele.

YTD Price Performance: 17.94%

Average Trading Volume: 125,171

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen217.5B

See more data about 8366 stock on TipRanks’ Stock Analysis page.

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