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Towa Bank, Ltd. ( (JP:8558) ) just unveiled an announcement.
The Towa Bank, Ltd. announced the acquisition of 830,300 treasury shares, costing 589,740,700 yen, as part of a resolution by its Board of Directors. This move, part of a larger plan to acquire up to 1,700,000 shares, aims to optimize the bank’s capital structure and potentially enhance shareholder value.
More about Towa Bank, Ltd.
The Towa Bank, Ltd. operates in the financial industry, primarily offering banking services. It is listed on the Tokyo Stock Exchange Prime Market and is led by President Hiroshi Ebara.
Average Trading Volume: 211,040
Technical Sentiment Signal: Buy
Current Market Cap: Yen26.17B
See more insights into 8558 stock on TipRanks’ Stock Analysis page.