The Bank Of Nagoya Nagoya Bank Reduces Share Unit Size to Expand Investor Base
TOKYO, June 24 (Pulse News Wire) – The Bank Of Nagoya,ltd. (8522.NG) reduced its share investment unit size from one ordinary share to three shares effective October 1, 2025. The move aims to broaden t
TOKYO, June 24 (Pulse News Wire) – The Bank Of Nagoya,ltd. (8522.NG) reduced its share investment unit size from one ordinary share to three shares effective October 1, 2025.
The move aims to broaden the investor base and invigorate the stock market. The bank also signed a basic agreement with Shizuoka Financial Group Co., Ltd. on March 27, 2026, for a management integration.
Currently, discussions are underway towards finalizing the deal. Future reductions in share units will depend on market trends, stock price levels, and shareholder composition. This disclosure follows the requirement set forth by the Tokyo Stock Exchange based on Article 409 of the Listing Regulations concerning share unit reductions, due to the share investment unit exceeding 1,000 as of the end of the previous fiscal year on March 31, 2026.
