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An announcement from Suruga Bank ( (JP:8358) ) is now available.
Suruga Bank has completed a repurchase of its common shares under an authorization based on its Articles of Incorporation, fulfilling the share buyback program approved by its board of directors in May 2025. Between January 1 and January 19, 2026, the bank bought 246,100 shares on the Tokyo Stock Exchange at a total cost of ¥445.651 million, bringing cumulative purchases under the program to 11,232,700 shares for approximately ¥14.9999 billion, a move that signals continued capital management efforts and may support shareholder value through a reduced free float and improved capital efficiency.
The most recent analyst rating on (JP:8358) stock is a Buy with a Yen2128.00 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. is a regional Japanese commercial bank listed on the Prime Market of the Tokyo Stock Exchange under code 8358. It provides conventional banking services centered on deposits, lending, and related financial products to retail and corporate customers, with its operations focused primarily in Japan.
Average Trading Volume: 634,594
Technical Sentiment Signal: Buy
Current Market Cap: Yen373.2B
Learn more about 8358 stock on TipRanks’ Stock Analysis page.