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Suruga Bank ( (JP:8358) ) has shared an update.
Suruga Bank has announced the completion of a treasury stock repurchase, acquiring 1,919,700 shares at a total cost of 2,892,076,400 yen through market purchases on the Tokyo Stock Exchange. This move is part of a larger plan approved by the Board of Directors to repurchase up to 12,500,000 shares, aiming to enhance shareholder value and optimize capital structure.
More about Suruga Bank
Suruga Bank, Ltd. operates in the financial industry, primarily offering banking services and products. The company is listed on the Prime Market of the Tokyo Stock Exchange and focuses on providing financial solutions to its customers.
Average Trading Volume: 752,095
Technical Sentiment Signal: Buy
Current Market Cap: Yen296.7B
See more insights into 8358 stock on TipRanks’ Stock Analysis page.