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Suruga Bank ( (JP:8358) ) has shared an update.
Suruga Bank has announced the establishment of a quota for the repurchase of its treasury stock, a move aimed at enhancing shareholder returns while balancing capital soundness and growth investments. This decision reflects the bank’s commitment to improving capital efficiency and returning profits to shareholders, with plans to acquire a maximum of 4.5 million common shares, costing up to 6 billion yen, between February 7 and April 30, 2025.
More about Suruga Bank
Suruga Bank, Ltd. is a financial institution operating in the banking industry, primarily offering banking services and products. The company is listed on the Prime Market of the Tokyo Stock Exchange, indicating its prominence in the financial sector.
YTD Price Performance: 9.97%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.51B
Find detailed analytics on 8358 stock on TipRanks’ Stock Analysis page.