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Suruga Bank ( (JP:8358) ) has issued an announcement.
Suruga Bank has announced the completion of a treasury stock repurchase, acquiring 511,900 shares at a total cost of 801,964,500 yen through market purchases on the Tokyo Stock Exchange. This move is part of a broader strategy approved by the Board of Directors to repurchase up to 12,500,000 shares, reflecting a 6.80% ratio to total shares issued, with a maximum acquisition cost of 15,000 million yen, aimed at enhancing shareholder value.
The most recent analyst rating on (JP:8358) stock is a Buy with a Yen1896.00 price target. To see the full list of analyst forecasts on Suruga Bank stock, see the JP:8358 Stock Forecast page.
More about Suruga Bank
Suruga Bank, Ltd. operates in the financial services industry, primarily offering banking services and products. It is listed on the Prime Market of the Tokyo Stock Exchange and focuses on providing comprehensive banking solutions.
Average Trading Volume: 818,586
Technical Sentiment Signal: Buy
Current Market Cap: Yen323.7B
See more data about 8358 stock on TipRanks’ Stock Analysis page.