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Shiga Bank, Ltd. ( (JP:8366) ) just unveiled an update.
Shiga Bank, Ltd. has completed the acquisition of its own shares, purchasing 178,700 shares at a total cost of JPY 850,905,500 through market purchases on the Tokyo Stock Exchange. This acquisition is part of a broader plan approved by the Board of Directors to acquire up to 1,150,000 shares, representing 2.45% of the total issued shares, with a budget of JPY 4,000,000,000. The completion of this acquisition could potentially enhance shareholder value and optimize the bank’s capital structure.
More about Shiga Bank, Ltd.
Shiga Bank, Ltd. operates in the financial services industry, primarily offering banking services. The bank is listed on the Tokyo Stock Exchange and focuses on providing a range of financial products and services to its customers.
YTD Price Performance: 22.39%
Average Trading Volume: 133,914
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen222.2B
Learn more about 8366 stock on TipRanks’ Stock Analysis page.