Source disclosure: February 10, 2026
The Chiba Kogyo Bank,Ltd. [8337.T]
TOKYO, Feb 10 (Pulse News Wire) – The Chiba Kogyo Bank,ltd. (8337.T) resolved today to exercise its option to purchase all outstanding Series VII preferred shares at a price of ¥50,002 per share, totaling ¥24.08 billion.
The bank also plans to cancel these shares according to Article 178 of the Companies Act. The move follows the bank's long-term financial strategy announced in January 2022, which aimed to reduce the ratio of preferred stock issuance to below 30% by the end of fiscal 2026. With stable performance and a capital adequacy ratio exceeding 8% (the latest figure being 9.22%), the bank intends to further decrease its preferred stock issuance ratio to below 20% by the end of fiscal 2027. Additionally, the decision was influenced by ongoing discussions with Chiba Bank towards establishing a holding company structure.
The acquisition will take place on April 1, 2026, after notifying all Series VII preferred shareholders . The total number of shares involved is 481,500, representing all issued Series VII preferred shares. Following the acquisition, the shares will be canceled on the same day. This action aligns with the bank’s strategic goals and supports its efforts toward maintaining a robust financial foundation.
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