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Suruga Bank ( (JP:8358) ) just unveiled an announcement.
Suruga Bank has announced the repurchase of 61,400 shares of its common stock, costing approximately 84,997,800 yen, through market purchases on the Tokyo Stock Exchange. This move is part of a broader plan approved by the Board of Directors to acquire up to 12.5 million shares by January 2026, with a maximum budget of 15 billion yen. The repurchase is temporarily paused during the acquisition period of the trust-type stock compensation system, which runs from August 7 to August 31, 2025.
More about Suruga Bank
Suruga Bank, Ltd. operates in the financial services industry, primarily focusing on banking services. It is listed on the Prime Market of the Tokyo Stock Exchange and provides a range of financial products and services to its customers.
Average Trading Volume: 640,064
Technical Sentiment Signal: Buy
Current Market Cap: Yen269.6B
Learn more about 8358 stock on TipRanks’ Stock Analysis page.